Taken from the previous quarterly annoucement which could possibly be linked to the explanation give.
CGE has been actively pursued by a number of Chinese companies to undertake UCG
projects as its business profile in China rises. These discussions are at various levels
and are very positive, however the timing of any formal agreements, or results from,
these discussions is still unknown.
This was stated about 4 months ago so you would think that they would have progressed discusions by now. Obviously they are closer then some think.
Will be looking to take a position in CGV very soon.
Shapping up nicely and with a tight resistry and small market cap this could run a long way without increasing market cap to much!
Ann: Response to ASX Query , page-11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)