TEG 0.00% 0.6¢ triangle energy (global) limited

Looks like this company:1) Has $3.5m from a recent raise at...

  1. 422 Posts.
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    Looks like this company:

    1) Has $3.5m from a recent raise at 1.3c
    2) Just received $16m for sales for the past 3 months
    3) Owns 20% of ASX:GAS worth ~$10.2m
    4) Had $2.6m from previous quarterly

    5) have total liquid assets of around ~$32.3m

    All for a market cap of ~$20m???


    What is their production rate of oil going forward? It looks like costs are ~ US$45/bbl from previous quarterly. Are they expected to produce at current rate much longer?
 
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