SEH 0.00% 25.0¢ sino gas & energy holdings limited

Yes, maybe lucky they raised capital, but then again, why didn't...

  1. CH4
    119 Posts.
    Yes, maybe lucky they raised capital, but then again, why didn't they use the loan + available cash + revenue being received? Oh that's right, the only ones who knew that the company wasn't receiving cash from the gas sales were the management ====> dodgey.
    Who knew that they weren't able to sell all the gas that they can currently produce?
    Who knew that there were delays with pilot production? Company indicate June/July, now it is late August....
    Delays with CRR approval - moved to end of the year now.
    ODP for Linxing East off the agenda now - was supposed to be submitted very soon.
    PSC renewal due now - what's happening?

    And you call this good management with open disclosure?
 
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