Australia's largest stock trading and investment forum Australia's #1 stock forum

GFS

Click for more information

0.00%

0.2¢ gasfields limited

So how is he going to fund all this? I can't see CRC taking...

First 32 Last

Share
Profile

Follow
Jonnylitch

649 Posts.

101

18/03/19

20:08

Post #: 37802368
Share

Originally posted by Charlie'sbucket: ↑

To quote the latest Ann.

The Company is currently finalising negotiations and documentation with respect to a royalty acquisition over a Western Australian natural gas project. The Company anticipates that it will be in a position to confirm and announce the material terms of this proposed acquisition, along with a timetable with respect to potential re-quotation of the Company in the week commencing 18 March 2019.

The Company remains in ongoing discussions with respect to natural gas opportunities in the United States, including proposed future activity at the Tulainyo Gas Project in the Sacramento Basin, along with further royalty opportunities both in Australia and abroad. The Company will advise the market accordingly once these discussions materialise.

They say we will hear about it this coming week. So lets keep him to that. We can trust him surely ?

Expand

So how is he going to fund all this? I can't see CRC taking shares to fund another drill.

GFS Price at posting: 0.2¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

First 32 Last

Add GFS (ASX) to my watchlist