An 80% success for the SPP - GAS now have approx. $ 7.6 Mil (includes the $5 Mil from Sophisticated Investors) to carry them through to unlocking the next stage of their development which could get the Cashflows coming through!?
So much might happen for GAS, we just aren't sure if it will happen!??? Will $ 7.6 Mil be sufficient?
Meanwhile there's still talk of an East Coast energy shortage this Summer. China is ramping up Coal Fired Power "New Coal Power Stations" Yet, I've heard China is investing 3 times the $'s that the US is throwing at Renewables? Amazing stuff when you hear so much about Bidenomics & ESG policies in the US.
While there's so much talk of Renewable Revolution underway, I expect Fossil Fuel demand will remain stronger for longer! If I'm interpreting this correctly, small Cap. companies with reserves may just be sitting on inflationary defensive asset bases!?
GAS Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
