I think that resources of GAS are so important that GAS needs a major to deliver and make it profitable rapidly and in a big way. Better to sell and cash in the reward when you are not sure how to handle the asset properly. It is a wise move here and BOD knows that. You only think like this when you are mature enough and ready to pass on the baton. Major companies have all the tools in their toolbox. What is happening here is a success story that Australia will talk about. Australia needs gas more than ever. So great move here .... once the sale is done ... TEG will become one of the richest company in the Perth Basin. I am a top 20 shareholders for 7 years of TEG and recently of GAS and NWE. I believe TEG is the real deal now . Tomorrow TEG will go up because of the announcement of the 3D of Xanadu through NWE that is confirmed. Xanadu is as big as what GAS has.... another huge asset........
GAS Price at posting:
90.5¢ Sentiment: Buy Disclosure: Held
. Tomorrow TEG will go up because of the announcement of the 3D of Xanadu through NWE that is confirmed. Xanadu is as big as what GAS has.... another huge asset........
