The management and business plan is sound, they have JORC resource and technology for a production trial. Given the infrastructure and legislation is also in place they really are good to go I think.
The greatest thing I see with this is the end product, gas is the only commodity that has not been hammered because its in short supply and has not only held its value but increased.
Give that some thought and research the company, I would tentatively not balk at $1 plus IMO
Ann: Trading Halt, page-13
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0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $10.85M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $11.17K | 2.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17329745 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 17582087 | 12 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |