So we have a new Chairman in Tim "The SledgeHammer" Monckton.
Things are moving at TEG and this is a statement I believe from TEG that we are preparing to make serious progression forward as a company.
Ted Farrell did a great job and is a top bloke who remains with us. Very good.
What is great news as well is that Brent busted through the $68 level overnight and must have the Oxy jumping for joy as it rapidly approaches the $70 level target which makes the figures for our production look very juicy like a magnificent grass fed eye fillet of Beef. Dinner.
“In addition, we are working to conclude the dynamic modelling at our producing Cliff Head asset, and we are well positioned to utilise our Arrowsmith plant for processing third party crude oil"
Looking forward to the completion of the above and that extra processing at our Magnificent underdone plant the Arrow.
Think about that cream from the processing as well. Another significant benefit we have.
All takes time we'll get there.
Pumper
All the above IMHO as always DYOR.
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