PV1 2.50% 3.9¢ provaris energy ltd

Ann: CNG Project Update and COVID-19, page-35

  1. 536 Posts.
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    We will be told the commercial viability report has been given to a potential supplier of the gas and the potential receiver of it tomorrow. Based on the last update seems we will not actually see it, just told that they have sent it to the relevant parties. Hope I am wrong. Any commercial agreements are 3-6 months away. Tukebay may disagree as last update said any time in next 3 months, I will stick to 3-6 months especially since coronavirus, oil wars and resultant finacing arrangements may take longer due to the world being more risk averse. These (hopefully) will be short term though before all are resolved and we get back to normalcy.

    "GEV will inform shareholders when this Commercialisation Plan has been delivered. " Seems to say we will not be privy to it.
    Last edited by Puttinfordough: 05/04/20
 
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