SYS 0.00% 0.4¢ syngas limited

next leg up!

  1. 44 Posts.
    For such huge future potential that has been locked in by a MOU with such a large company, the market cap is less than $10 million???? China National Electric Equipment Corporation (CNEEC) wouldnt even consider this project if it wasnt economical and with overseas investors SYS will IMHO easily be able to contribute to 15% of the development costs. Although there is talk about a capital raising i don't think we should worry because if CNEEC's onboard then institutional investors will be lining up to take a slice of the cake. As mentioned before there has been quite a bit of accummulation occuring recently so the question is how much would you value a company with a derisked future development worth around $3 billion with a company very willing to get it up and running by paying 85% of development costs. Im no valuator but IMHO it would have do be quite a bit more than current prices. By the way the consolidation in the 3s has created a platform for further upward momentum. Goodluck to holders and those that haven't gotten in yet :)
 
watchlist Created with Sketch. Add SYS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.