SEH 0.00% 25.0¢ sino gas & energy holdings limited

Company is self funding in cash flow terms, although the net...

  1. 72 Posts.
    Company is self funding in cash flow terms, although the net cash per 1/4 is yet to show that.

    Might be interesting to see what Q3 cash flow statements says.

    Drilled 150 wells. So if these produce long term then you have a nice little earner.

    Major risk is the company just chasing it tail to keep the gas flowing ie drilling more and more wells.

    Let see what happens over the next year.

    Would I buy right now?

    Nope

    As MD thinks it going to take until end 2020 to prove up.
 
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Currently unlisted public company.

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