Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
currently price is now too low , we can see that things are significantly improving
like these bits As of date, 114 wells have been drilled on the acreage. The development plan is now being implemented by the joint management committee and includes the drilling of an additional 147 production wells to be drilled by year end 2018. These wells will be targeting both coal seam #3 & coal seam #15 - Gross production capacity is estimated to be 6.36 Bcf per year - The development cost for GCZ will be c.US$53.80 million over 2017 and 2018. CNPC will invest US$28.51 million according to its 53% participating interest and the Company US$25.28 million based on its 47% participating interest in the Block
would not be surprised if this was 5p in a few weeks , just need a few more positive rns
Remember when everyone sold because the india contract was suspended , they said GDL could not compete with the competition etc . Well it did look bleak then , but now we have a great big confidence boost , GDG and other new contracts will be folling this news
Looking very cheap now
the news is up beat and the current valuation at 3.5p Something has to give soon
30 LiFaBric wells a year til 2021 just for GDG according to that
New Chinese Energy Development Plan Green Dragon Gas Ltd. (LSE: GDG), one of the leading independent unconventional gas development and production companies in China, welcomes the Chinese Government's and National Energy Administration's development plan (the "Plan"), released last week, that targets the percentage of China's energy mix to be accounted for by coalbed methane consumption. Highlights of the Plan · Planned increase in coalbed methane consumption to 13 per cent of energy mix by 2020 · Significant increase in investment in Chinese coalbed methane development, adding 420 billion cubic metres (2,641.6 mmboe) by 2020 to national proved reserves · National production to increase to 24 billion cubic metres per year (151 mmboe) in 2020, an increase of 33 per cent from 2015 · Decrease colliery gas incidents by 15 per cent by 2020 · Exemption of certain coalbed gas exploration and development equipment from import tariffs and VAT from 2016-2020 Randeep S. Grewal, Chairman and Founder of Green Dragon, commented: "The Chinese Government has again affirmed its support of coalbed methane gas development as it progresses with safety enhancements and rapidly shifts towards a cleaner energy profile. This is great news for the country, and Green Dragon Gas is poised to assist in delivering this planned surge in domestic demand. China has the third largest coalbed methane reserves in the world and Green Dragon Gas has a vast acreage to exploit, and we continue to enjoy the cooperation of our Chinese partners, working together to help deliver increases in both production and reserves from our blocks." Please click here to listen to an interview with Randeep S. Grewal and Proactive Investors on the new Chinese Energy Development Plan: http://www.proactiveinvestors.co.uk/companies/stocktube/6559 For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact: Instinctif Partners David Simonson / George Yeomans Tel: +44 20 7457 2020
what happened with your remaining GEL shares ?
We will be healthier and happier after GDG drilling India doesn't look like such a mistake anymore
Are you still invested in GDG trion or have you sold those shares too ?
So much for the big scaremongering about the Essar contract that decimated the sp , down but not out
looks like we're recovering
to delist Randeep has got to buy approx another 40 million shares and there are only 80 million shares in small investors holdings so he will have to drive the price up to buy them.
Randeep needs roughly another 10 million shares before he can do that ( could take a while ) if he's buying the odd 100000 not getting mine for 2p
Randeep needs to buy a lot of shares to delist this and he won't do that picking up the odd 100,000 shares sub 3-4p
Worst case scenario is money back
just picked up 47000 for a grand
He needs about another 10% of these in his pocket before he can pull that stunt here tat would see a significant rise in the sp
Well someone has faith in GDL and Randeep now we want some more work from GDG Ah! let's ask Randeep