Ann: Trading Halt, page-9

First 9 Last

Share
Profile

Follow
Mondo1960

993 Posts.

149

06/10/22

17:46

Post #: 64069093
Share

Originally posted by Luvlife: ↑

Yes its quite interesting.
Got to be some money raised because all this drilling will not be cheap and I am thinking one of the Lads has tipped some $$$ in on a form of a loan to get things kicking.
Yes agree its very good to see action at GAS happening because we had no news or developments for a while.
We just need these 2 laterals to come up trumps and show just how good it could all look at Rougemont if you punched in another 137 of them like they did at Arcadia.
Late August we were informed that they had sourced gas compression and transport equipment as well. Where is the cash for all that?
So I would think at GAS they are need of cash boost in a hurry. Tho the BIG Boys behind all this are not exactly skint.
My take is there will be some cash raising as well as a "Strategic Investment" OK so they are saying for GAS it is a - "relating to the gaining of overall or long-term advantage" type investment which will no doubt be related to the development of our gas field.
GO GAS
GO TEG

Expand

It is well known that GAS is tightly held
If GAS need to raise funds for drilling as you suggest then IMHO that is a CR or placement - that's not your typical strategic investment - let us be clear and transparent - nothing to hide here?

Again IMHO GAS can also get funds through say a person / company making a strategic investment in GAS
I'm not a wordsmith but my interpretation of the announcement is more along this line than a capital raising

I HOLD via TEG

GAS Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 18 more messages in this thread...

First 9 Last

Add GAS (ASX) to my watchlist

(20min delay)
Last 3.1¢		Change 0.001(3.33%)		Mkt cap ! $11.76M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$46.61K	1.511M

Buyers (Bids)

No.	Vol.	Price($)
1	44685	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	313777	1

View Market Depth

No.	Vol.	Price($)
1	44685	0.030
3	465139	0.029
2	39785	0.028
1	38499	0.026
1	200000	0.025

Price($)	Vol.	No.
0.031	313777	1
0.032	25000	1
0.033	99819	1
0.034	403030	2
0.036	42563	1

Last trade - 11.34am 11/11/2024 (20 minute delay)

GAS (ASX) Chart

Ann: Trading Halt, page-9

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Prospech finds dynamite heavy REE grades from historic core in Finland

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Trading Halt, page-9

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Prospech finds dynamite heavy REE grades from historic core in Finland

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News