Yes a lifestyle company that really pi55es me off. We all work...

Yes a lifestyle company that really pi55es me off. We all work for a living and then make choices where we invest to provide for family and friends. Its the Aussie way work hard and get ahead.
At the moment the BOD is happy to collect a wage and wait for GAS and PGY to hopefully deliver growth in the future.
IMHO the BOD needs to grow TEG in its own right as an oil and gas explorer and producer. That's why I came here.
Put simply the BOD needs to spin the drill bit. TEG holds prospective permits in the PB. These include:
[A] Three drilling targets in the Cliff Head permit
(i) West High on a western extension of the CH field,
(ii) SE Nose updip of the Cliff Head 1 well and
(iii) Mentelle also updip.
100% interest in L7 [Mt Horner]
[C] 86.94% interest in EP 437 [PGY have remaining share]
Success at any of these targets would see the SP appreciate and in the end benefit the BOD and all of us.
Now I don’t know the cost of drilling a well is BUT if TEG was to drill then I would participate in a CR for that purposeonly
As I understand it any oil produced could be stored at the BP Kwinana Refinery and then transported to BP Singapore
C'mon BOD have a go that's the Aussie way stop sitting on your hands
GLTAH