I spoke to the company recently and not much was disclosed about nangwarry when i asked. At this time money is allocated to study the market and engineering options so i assume they are still working out the plant and what it a)cost to develop the site/infrastructure and who is going to build it b) the costs of it coming out of the ground and c) how much and to whom they will sell it too. I dont believe this will be a rapid project but its definitely a cash cow when it happens, so patience here will be needed.
We have some other gas sites that i believe will be about 12-18months away from drilling and obviously vali/odin being the bread and butter to kick off soon, so our focus should be firmly focused on what developments come from that very soon.
VEN Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)