TEG 0.00% 0.4¢ triangle energy (global) limited

TGE Quarterly - the number don't lie, page-11

  1. 13,255 Posts.
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    https://unauthorised investment advice/energy/minres-gas-find-sets-a-rocket-under-t
    he-perth-basin/


    I wouldn’t worry about the non holders negative posts

    Nwe only has 20% of the new gas find and has about 4 billion shares on issue with a MC $329 mill

    Teg owns 100% in L7 and 437
    With 1.3 billion shares on issue MC $19 million

    Even if they farm out 50% of wells

    just the gas is worth Teg 27c
    Gas holdings in 12 months Teg 10c
    Oil holdings 5c

    So in 12/24 months Teg should be worth 42c

    Thats being conservative.. imo




 
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