TGA: Lone Clone, I'm with you on TGA. Great mgt team!!!
What analyst report has raised target to $15ish? Can you send a copy or post a link?
I believe they are actually being paid arrears by Egyptian govt faster this year than mgt had forecast. That reduction of accts receivable and the new leases are great news indeed for CEO Ross Clarkson and his team, indicating much upside potential if they begin to hit the wells in their new areas with good success. On the downside, they certainly missed a few wildcats in Egypt like you said, but it appears they are proceeding now on more proven areas. At least that's what my crystal balls say.
TIA,
'peeker
Focus Focus Focus Focus !!!!
