SGC 0.00% 0.4¢ sacgasco limited

Option for Borba

  1. 1,030 Posts.
    lightbulb Created with Sketch. 69
    Forget about hooking Borba up to a gas pipe line why not do what AXP announced yesterday

    "AXP announced they had signed a heads of agreement (HOA) with US-based Elite Mining (EMI) to deliver in-situ power generation using stranded natural gas from AXP’s Colorado leases for use in EMI’s cryptocurrency mining operations.
    The signed HOA provides that, if the first deployment is successful, over time the parties will work together to supply gas for additional mobile cryptocurrency mining units requiring up to 5,000 million cubic feet (Mcf)/day of gas.

    AXP had also announced they made $1.8m in revenue for August which was driven by improved downstream reliability with lower natural gas production outages for it's relatively recently acquired MHP project also over in the US - that's the money maker for them at the moment.

    DYOR
 
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