CGV clean global energy limited

china news

  1. 16,640 Posts.
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    I would expect to hear news on the China deal possibly next week imo.

    From the China update ann: 28th June;
    "Having only recently commenced discussions with interested parties to fund the
    US$30m, interest has been strong. We are in advanced negotiations with one
    China based investment group who have expressed a strong interest in funding
    the entire US$30m. The group is due to visit Clean Global Energy in Australia
    within the next 2 – 3 weeks to further these negotiations."

    Going on that timing it looks like we should hear something very soon imo.

    It looks like thats why the buyers at .066/.065 are trying so hard to get their orders filled before the week is out.

    Could be a big week next week all going well imo!

    Cheers

    Chris
 
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