TEG 6.67% 0.7¢ triangle energy (global) limited

Thanks Stash.i'm going to make some observations and please let...

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  1. 1,878 Posts.
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    Thanks Stash.
    i'm going to make some observations and please let me know how accurate i am, also looking forward to feed back from Bobby, Pumper, Daisy and The Cone and others as well.

    1. Xanadu progression delayed due to 3D not happening.
    2. Can proceed to drilling but not as accurate as a 3D result.
    3. economical reserve runs out ~ year 2024 at ~500bpd but with workover can be extended to 2030
    4. GAS has gone nuts, TEG SP underpinned by GAS, TEG true value should be at least 30c

    basically, being held back with Xanadu by NWE, should a takeover occur or just get on with a satellite imagery or is this option to expensive/not accurate

 
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