Renewables and Pink Floyd

Is there anybody out there - great song.
Is there anything happening? Ummm probably not based on the level of interest here and the information out in the news but keep trying to drum up interest.
Did you know that PGY and TEG do not have the right to do an offshore renewables project that 481 area and Cliff Head solely?

The truth is that having a right to explore for oil and gas and the right to produce oil at Cliff Head provides then no rights to do anything else. They don’t own the rights to the ocean. So TEG has a share of a renewables project that anybody could have started.

Anyone can try an offshore renewables project around cliff head but would need to get all the government approvals.

So why doesn’t more companies try a study like PGY?

I think you can all work out the answer to that. Lets be honest can you see the good folks of Western Australia approving multiple wind turbines within sight of the beach up there in Dongara?

Renewables is just another distraction to help raise more money and attempt to say Oh look we are going to build 100's of offshore wind turbines so we don't have to abandon anything.

Sorry to rain on your parade but the music has stopped and only a few shareholders continue to run to find a chair.

Port Wyndham is the only option for TEG oil and do you think 800 bbls a day is economic then?

No one will come into this sinking ship now but keep trying to get interest.
If you were to do some research and understand the commitments TEG have signed up to at that Mt Horner and the other permit 481 with PGY you would start to get worried. Where is the money going to come from?