GAS 9.52% 11.5¢ state gas limited

Ann: Trading Halt, page-5

  1. 19,538 Posts.
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    Yesterday's quarterly release.

    The Board is currently considering a variety of options for financing the construction of the CNG Facility and undertaking the drilling of additional wells adjacent to Rougemont 2/3. Importantly, once the CNG Facility is commissioned, the Company will be capable of funding further drilling and development activity from operating cashflows over time..

    "variety of options" , the only option was to CR and bleed out the shareholders a little bit more.
    .
    As per their love of using "virtual pipeline", why didn't they do a virtual CR.
    Last edited by Hotfire: 01/08/23
 
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