Seems to me that the Nice bit about this announcement is that the customer provides the gas to power plant, meaning IVZ don’t have any infrastructure outlay for early monetisation, apart from concentrating on their main job - getting the gas out of the ground. Once they have cash flow, non dilutive debit rather than dilutive equity capital raising becomes much easier, one would imagine.
It’s not a PPSA or a successful flow test, but it’s a positive development.
Seems to me that the Nice bit about this announcement is that...
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6.8¢ |
Change
-0.001(1.45%) |
Mkt cap ! $96.41M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.8¢ | $59.36K | 861.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 290682 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 6.9¢ | 344468 | 1 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
-0.001 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| 6.9¢ | 7.0¢ | 6.8¢ | 597937 | ||
| Last updated 15.51pm 07/05/2024 ? | |||||
| IVZ (ASX) Chart |