Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is an energy company. The Company's businesses supply gas and electricity to various customers and communities. Its segments include UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York and National Grid Ventures. UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. UK Electricity Distribution segment includes the electricity distribution networks of Western Power Distribution in East Midlands, West Midlands, and Southwest of England and South Wales. UK Electricity System Operator segment is the Great Britain system operator. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

Comment by grumpymonkey007on Oct 21, 2009 11:58am
280 Views
Post# 16408000

RE: RE: RE: RE: OT: CSG

RE: RE: RE: RE: OT: CSG"It would have cost a 25% dilution of the whole company to finance Imwauna alone and with additional requirements for people and management time. So a bird in hand... As for Sinivit the CIL should sort it out."

Like I said - not what it was supposed to be in 2006/2007. The separate issues you discuss above are, in fact a single issue. The cash flow from the last three years of commercial produciton levels was meant to fund the development of Imwauna....

Any way, this history lesson is pointless. It is impossible for NGG to ever achieve the $6 share price it could once have achieved. CSG is a buy. If I still had anything left in NGG I would immediately dump and switch.
Bullboard Posts