TEG 4.76% 2.0¢ triangle energy (global) limited

Don't think there would be a TO until reserves are proven and...

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    Don't think there would be a TO until reserves are proven and known - what we do know is that there is a S___ Load of oil down there in Xanadu - how much will reflect what price for a TO - would be mad to sellout before hand. That's IF a TO ever takes place? A nice problem to have going forward - but I think GAS would be subject to a TO before TEG - and what would they do with the money? Help develop Xanadu and drill more holes in what is shaping up as Australia's most exciting ever oil region.
 
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