TEG 0.00% 0.4¢ triangle energy (global) limited

Recent trades, page-16

  1. 7,338 Posts.
    lightbulb Created with Sketch. 937
    Good reminders on those points and to me, under $0.005 is a bargain.
    There is talk from industry experts that POO will rise later this year and next year to at least $60.
    Now that doesn't sound like much and doesn't contribute to cash flow a massive amount.
    What it does do is incease our profit by double per barrel.
    Cost of production is about $35 (apparently less according to my contact who works for the operator)
    POO is -$45= US$10 profit per barrel
    POO goes to $55 =$20 profit per barrel
    And you can buy these shares at $0.003?
    What a steal
    Last edited by Quanyum: 07/08/16
 
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