DUE 0.00% $2.99 duet group

News: DUE Duet Group says unit to build gas storage facility

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    Dec 19 (Reuters) - Duet Group (DUE) :

    • DBP Development Group confirms that it will build largest gas storage facility in Western Australia
    • Citic Pacific Mining Management to be foundation customer, under a 10-year gas storage agreement with options for a further 5 years
    • Estimated total construction cost of $69 million, to be funded by $38 million of Duet's corporate working capital; balance from DDG's bank debt facility
 
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