Why would they put it into another company?
Stranded gas assets are what the term means....stranded.
The whole point of the Alberta exercise is to provide a market for the stranded gas.The pipelines are full and the big proposed LNG projects which were to take the gas to the west coast have been shelved.Gas to power is the only market.
Under these circumstances I would expect a fantastic deal for KPO that could ignite the market.
Have been waiting for some time but I believe this could be the turning point.
Raising the money will be easy and I expect at much higher prices reflecting the improved economics.
Why would they put it into another company?Stranded gas assets...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.841M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17072728 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8868486 | 10 |
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| Last trade - 16.14pm 19/04/2024 (20 minute delay) ? |
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