NGY
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6.25% 1.7¢ nuenergy gas limited

i think the good news is that to get to production they dont...

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  1. kamprad
    715 Posts.
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    20/05/21
    14:51
    Post #: 53307337
    i think the good news is that to get to production they dont need much cash at all,

    infrastructure in the area in Indonesia is established and gas pipelines are existing

    .. during june once the price is significantly higher , raising funds will not be problem ...

    the higher the price the less shares need to be issued

    its all positive news.... im not worried about a CR

    CR's that help a company bring something to production are normally taken very well by the sharemarket and by the financiers


    NGY Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.7¢ 		Change
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