NG Energy International Corp V.GASX

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

Energy Oil & Gas E&P

NG Energy International Corp. is a Canada-based natural gas exploration and production company. The Company is focused on the discovery, delineation and development of large-scale natural gas fields in developing countries, supporting energy transition and economic growth. Its asset 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 Tiburon Block. The Maria Conchita Block is located in the Department of La Guajira, Colombia, and neighbors the Chuchupa Block to its north. The SN-9 Block is in the Lower Magdalena Valley, 75 kilometers (km) from Colombia’s Caribbean coast. The SN-9 Block covers an area of approximately 311,353 acres in the Department of Cordoba, Colombia. The Tiburon Block covers an area of approximately 245,850 acres in the Department of La Guajira, Colombia.

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NG Energy International Corp

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Post by AUborealison Feb 10, 2021 10:09am

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Post# 32524114

Fuelled up!

With 130MM shares outstanding now, due to the PP issue,
I've adjusted the potential Target Price to $15-$25/sh (USD)

Add 25% for CAD/USD exchange.

~ $20.00 (low end) - $32.00/sh

(best estimate - based on Company info. on their website)

Nice to see Frank and Serafino keep their 'insider' ownership up around 35% via participating in the PP.

Insider Buys are a message to the market watchers.
Confident with their own wallets to make it happen.

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