GAS
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0.00% 4.5¢ state gas limited

Yesterday's quarterly release.The Board is currently considering...

  1. Hotfire
    19,607 Posts.
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    01/08/23
    09:45
    Post #: 69094039
    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
    GAS Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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