TEG 0.00% 0.4¢ triangle energy (global) limited

says it all really

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    “While it was a difficult decision to exit Xanadu, we arefortunate that we can quickly invest capital into  projects in Alberta, Canada, where costs are much lower, projectapprovals significantly quicker and the  likelihoodof timely and substantial commercial returns more predictable. Inaddition, by the nature of the transaction with Triangle, we have maintainedexposure to any success at Xanadu via Triangle stock and agreed milestonepayments,” said Mr Messina.
 
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