Short Term Trading Week Starting: 12 Sep, page-13

STTCOMP TEG FA LONG

OIL&GAS-CCS
SP-1.3c
Mktcap- $17.47mill
Cash- $6mill (A$4mill+ to come from latest oil shipment any day now)
Investment -$14mill+ in state gas GAS:ASX

So Negative E.V of many million's ..ZERO market value for so many projects and solid cashflows next couple years ...upside on farm-out or Finance to lift Cliff head production 2000bopd+

New mgmt .. with a couple ex COE mgmt in place .Biggest name.non-exc director -Mike Collions- Mike worked as VP Exploration and Geoscience for Mitsui E&P Australia and as both Senior Geophysicist and Senior Business Analyst for Woodside Energy Ltd in Australia, he was also Senior Explorationist for AGIP (now Eni) in London....

Very undervalued O&G play -Perth basin- Carbon Capture -800bopd by OCT-

from the 36min mark TEG presentation by MD ...