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Post# of 116863
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Allisone

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Allisone

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Thursday, 12/08/2011 6:44:29 PM

Thursday, December 08, 2011 6:44:29 PM

Post# of 116863
In summary. TECO is most likely not going to make this year's financial forecasts again. Next year again.
40-50 BbLs a day is low for one well let alone for a bunch of them (more overhead).
Belize is going to take much longer than anticipated (next year sometime). Paradise Energy is NOT a confirmed wholly owned asset at this point. The legal system will determine this (not directly with TECO but indirectly). TECO MNGMNT fails to keep everyone posted on a timely basis. TECO does have lots in the "next week" possibility jar which keeps us all hoping for "that break"....Main concern is how long TECO can run on fumes. So far, they have performed
Miracles. However, Cash flow is king. Anyone willing to lend TECO a few million ?
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