TEY 0.00% 3.5¢ torrens energy limited

Hi Lemas, if you like TEY, then you have done well to pursue the...

  1. 1,843 Posts.
    Hi Lemas, if you like TEY, then you have done well to pursue the options. The Options have an exercise price of 25 cents and expire on 31 March 2010. It's uncommon for there to be a negative time premium.
    This unbalance is unsustainable, and soon you will see the two values converge, I expect.
    They are certainly taking an interesting approach. I wanted to get a few options today, but GRK are such good value this morning (13.5c!) I had to go for them alone.

    By the way, Lemas, if you want to see the patch of dirt allocated for HAB3 and the demonstration plant, I will post the coordinates on the GDY thread (for use with Google Earth, that absolutely amazing program). It will take less than 10 more days to finish setting it up on site. I wonder if Google Earth has the resolution to see it being assembled?
 
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