SEH 0.00% 25.0¢ sino gas & energy holdings limited

Ann: Sino Gas - Operations and Commercial Update, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,650 Posts.
    Well would that make u buy SEH?

    Not in my view

    Let's review what was needed in my view from the MD

    1, details on the commercial threshold! Not told. This MD faux pas of mon disclosure of this SEH known information in my view isn't not going to go away.

    2, long term production curves Not given

    3, no idea when pilot plant 1 going to restart

    4, date when we get paid for gas already produced. Not told. In fact it's worst than that as the JV wants a bigger slice of the pie. A Mexican stand off.

    5, flow rate from plant 2 way below capacity

    Then further delays getting ocp approvals and slow down in expenditure ( which I have to agree with).

    Not good in my view!
 
watchlist Created with Sketch. Add SEH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.