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.
How can you claim that NRZ are further advanced?Strike are on...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.513M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $34.29K | 11.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 57072983 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7151122 | 14 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |