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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 TheBigHarvon Jul 30, 2012 9:06am
265 Views
Post# 20164329

RE: RE: New Guinea, PNG Gold unlikely to close mer

RE: RE: New Guinea, PNG Gold unlikely to close mer

Penny01,

Forever the optimist, which is good but don't get your hopes up. This pot isn't even on a burner at this point. Don’t get me wrong, I'd be happy if you're correct but I don't think our dilapidated board is looking out for anyone but themselves at this point.

Highlights from an……excellent update?

"NGG experience cash flow issues"

"has been unable to dispose of these given the depressed state of global markets"

"operations at Mount Sinivit be reduced to processing the already mined ore"

" will be making a decision on the future of the company in the very near future"

I'd be happy if you're correct but I don't think our dilapidated board is looking out for anyone but themselves at this point.

TBH

 

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