How can you claim that NRZ are further advanced?
Strike are on track to start commercial gas production in the next few weeks, delivering into domestic offtake contracts. At that point, their cash flow will go strongly positive. Strike have more than $200 million in cash and undrawn facilities at the moment, due to good Board decision making, which is double NRZ's market cap.
NRZ is still jaw boning, furloughing staff, no Stage 1 completion, and those generators in the containers have never run on syngas. I'd say NRZ is well behind, or several wells,as of this date.
- Forums
- ASX - By Stock
- General Discussion
How can you claim that NRZ are further advanced?Strike are on...
-
-
- There are more pages in this discussion • 504 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRZ (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NRZ (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online