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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The 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 oldmtnmanon Jun 03, 2006 1:32am
232 Views
Post# 10941148

RE: stockhouse list # of shrs @ 65mil.

RE: stockhouse list # of shrs @ 65mil.I'd suggest you go to the company website: www.newguineagold.ca/ If you Click on " Corporate " then on " Share Information " you will find reported " Shares Issued " - 100,528,000 & " Fully Diluted " - 152,137,000. Also shown under " Authorized " is Unlimited. As I understand it " Fully Diluted " would include Issued Shares as well as stock subject to o/s options, warrants and other rights to acquire company common stock determined on an as-converted basis. I'd suggest, too, you review by Clicking on " Projects " and also review " Press Releases ". As I understand it the " Sinivit " Project is expected to go into production by the end of the 2nd quarter or early in the 3rd quarter. I'd say meaningful information on the company financial situation would have to come direct from the company. There would appear no doubt there has been, and continuing, considerable outlay of funds in readying for production. There has been indication production costs are anticipated to be in the order of $120. US per ounce of gold and my understanding is production revenue is earmarked to provide funds to hopefully increase gold resources as well as for further company exploration on other company projects. This only scratches the surface, there's lots of information to look at. I hope you're ready and anxious to do considerable DD on your own. Good luck and I must emphasize all I've said here is just my personal understandings.
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