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Bullboard - Stock Discussion Forum NG Energy International Corp V.GASX.W.A


Primary Symbol: V.GASX Alternate Symbol(s):  GASXF | V.GASX.DB

NG Energy International Corp. is a Canada-based oil and gas company. The Company provides clean and sustainable solution to Colombia’s energy needs. It is engaged exploration and development activities in Colombia. The Company’s portfolio consists of one appraisal and two exploration natural gas assets in Colombia. It has working interests in the Maria Conchita Block, the SN-9 Block and the... see more

TSXV:GASX - Post Discussion

NG Energy International Corp > Huge debt, huge growth, negative gross
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Post by Spencerlee on Jan 02, 2024 6:48pm

Huge debt, huge growth, negative gross

Gasx is floundering abit, as they have a large amount of debt. They are growing at light speed and in a years time maybe could be generating positive revenue maybe.... but at the moment it looks as if they will stay in the red and negative for some time going forward which will effect the SP. It's nice to see the oil and gas subcontractors taking the hit to pay for infrastructure so gasx doesn't need to raise. None the less this will be range bound and is abit of a cluster fack.  Tdbs where'd you go you Nancy putz pumped
Comment by Freefallin on Feb 08, 2024 8:26pm
Did you not see the new financing?
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