GEV 2.08% 9.8¢ global energy ventures limited

ABS is done & dusted. The big boys will need to see an agreement...

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  1. 2,615 Posts.
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    ABS is done & dusted.
    The big boys will need to see an agreement with a ship yard/s before they get serious on the buy side, as this will also show numbers and (hopefully) dispel the need for a further CR to finance GEV's equity share of ship manufacture.
    If the company can show 100% debt finance, I dare say that will put a few naysayers in their place.
    The company has targeted this milestone to occur in the first quarter, so expect a report by the first week of April.
    Prior to that though, I'd like to think we can see a deal with Twinza and an offtake realised.
    That too would be a major milestone achieved as it involve the delivery of a complete project in a jurisdiction and with parties that everyone is comfortable with.
    The report of yesterday also alluded to other potential deals and potential to monetise the Port Meridian opportunity.
    To summarise, there is plenty of high impact business ticking away in the background that could blow at any moment. And when it does, it should be a cluster explosion.
 
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