CGV clean global energy limited

cgv_cxy comparisons, page-9

  1. 322 Posts.
    Solar - I totally agree with your last post.

    One thing I don't think many realise is, beyond everything that they are up to in Oz, I believe that the the JV in HK is a major playing card here for CGV. As soon as that deal is done, CGV will (apparently) be cash flow +ve as it holds the exclusive rights to build and operate everything up in China.

    So aside from owning 35% of the JV, they also have a significant incoming revenue stream in running all the development.

    This is a BIG deal, and if they manage to get it off the ground, its set to become not only a UCG player in Oz, potentially a major Asian player too.

    And the revenue that comes in from the HK JV can fund their Aussie ops.

    And to think this thing as a current market cap of $11m? I'm confident i'll look back in 12m+ and just laugh at how cheap it was.
 
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