CRD 1.94% 88.3¢ conrad asia energy ltd.

Ann: Acreage Award Containing Existing Gas Discoveries, page-21

  1. 159 Posts.
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    No brainer.
    • Mako field - gas found, exploration done, 75% owned by Conrad, 10 yr value > 2 bill USD
    • easy access as pipeline runs next to field, sell off part of the field to fund infrastructure
    • expert board at gas extraction (Peter Botton, really who better?),
    • more fields found in shallow water close off coast which may come into production before the big Mako one, cash flow to help
    • Singapore super gas hungry buyers and Indo gov who wants royalties and later gas
    • board/management own 30%+
    Just listed in early phase, buy for large upside in 3 years
 
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87.5¢ 88.3¢ 87.5¢ $3.163K 3.603K

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Last trade - 15.39pm 28/05/2024 (20 minute delay) ?
Last
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