China Gas
I believe the project is the first of a few. Remember the money to be made in this project is through the staff they acquired so will take some drilling and time. The US seller has neglected this project for two years. The other point to note is LRL got it for a song as the seller wants to concentrate on its African interests.
It has the support of the Chinese based Fund,it has in place the Chines technocrats it needs to be effective in China and it is based in China. It also has some very good supporters in Middlemas and others who will stick.When the time is right it will move again on support from UK instos as it has before.I still think this stock will find more support in UK than Aust and that will flow over.
I wish i was not saying continue to be patient ,esp as many a dog is beginning to have a run now that the risk trade appears to be back on, but it is what it is.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
China GasI believe the project is the first of a few. Remember...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)