NG contracts for november just rolled over and fetching 2.80 mmbtu as we speak.
If GEV can land a deal then this stock is in for a serious rerate.
I think anything sub .06 is good buying right now. This could very well be one of the most u dervalued companies on the asx, almost definitely the oil and gas sector. GEV can help commercialise stranded NG assets faster than LNG and cheaper. This makes it a very attractive proposition at current prices for when the next Ng boom begins, which IMO is now.
I lost a small fortune in LNG so I’m here to allow MB to make me back those losses.
Come on GEV, get that first project and make the market realise the timing and need for Optimum IS NOW.
Gltah and dyor
GEV Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
