Posted by Josh Ong > 2017-04-12 14:10 | Report Abuse

99 years later...

Posted by Kranken X > 2017-04-12 16:01 | Report Abuse

lambat lagi ni..blocking like that

Posted by shuenn > 2017-04-12 20:05 | Report Abuse

i think they keep collect at low, recently keep collect 0.45-0.55. when they eat enough then might be fly !

Posted by Stockskid > 2017-04-12 21:30 | Report Abuse

LTAT haven't come collect yet... when they all come collect is time to burst up oversold already..

Posted by Liew W > 2017-04-13 15:48 | Report Abuse

What is the usual profitability of CBM companies in US and other countries?

Posted by Leoleo > 2017-04-13 20:33 | Report Abuse

T

Posted by zul6772 > 2017-04-13 20:55 | Report Abuse

Boleh beli ke

Posted by tomanhead > 2017-04-13 21:58 | Report Abuse

one lump dump this afternoon,got any more hope ke?

Posted by lolipot > 2017-04-13 23:07 | Report Abuse

what happen someboby can tell me more

Posted by jenabchen123 > 2017-04-14 02:15 | Report Abuse

Finally managed to get some after queuing for some days.

Posted by jenabchen123 > 2017-04-14 02:16 | Report Abuse

Oil and gas price started heading north.

Posted by Stockskid > 2017-04-14 14:26 | Report Abuse

Fast collect 0.05 before finish soon ..

Posted by Skng Keong > 2017-04-14 15:28 | Report Abuse

TAN KU KU....

Posted by jenabchen123 > 2017-04-14 17:08 | Report Abuse

Kumpul before commercial production news come out. Pretty soon........

Posted by jenabchen123 > 2017-04-14 17:10 | Report Abuse

Indonesia and Australia that have abundant coal resources are investing on this to boost up their natiral gas resources.

Posted by ktsk88 > 2017-04-15 10:29 | Report Abuse

it will uptrend from now on and reach it peak by year end or next year..........can't set the TP since all depending on the quarterly results then.

Posted by jenabchen123 > 2017-04-15 17:03 | Report Abuse

PSC... isn't it they fork out money first and once successful to commercial they will be able to seek reimbursement or claim back all these cost plus reap the profit?

Posted by jenabchen123 > 2017-04-15 17:07 | Report Abuse

They said this CBM is renewable energy? But some said non-renewables. But CBM is good that otherwise the methane in coal go wasted? So by extracting CBM, they commercialised and put it to good use while the coal stay there to be mined later.

Posted by jenabchen123 > 2017-04-15 17:10 | Report Abuse

Ayam tua... lu macam fortune teller lah on this Globaltec. Could be big time very soon. I follow you.

Posted by jenabchen123 > 2017-04-15 17:13 | Report Abuse

Kalau betul renewables and really commercialise as plan, it becomes a Yahoooooooo news.

Posted by jenabchen123 > 2017-04-15 17:16 | Report Abuse

Backed few years ago when they started, they said the price of gas was between 7.50 to 10. USD? What is the potential price today if they really manage to commercialise this? Anyone can share?

Posted by calvintaneng > 2017-04-16 21:23 | Report Abuse

AyamTua

Satu lagi

GSB

Good Small Bull

Posted by jenabchen123 > 2017-04-17 01:07 | Report Abuse

Indonesia's CBM reserves are among the largest CBM reserves in the world. Currently, the country's reserves are estimated to be around 453 trillion cubic feet (tcf) which is equivalent to around six percent of total global CBM reserves. Hope Glotec will share the fortune soonest.

Posted by Leoleo > 2017-04-17 19:10 | Report Abuse

Question we should focus is when commercialize the gas. How much profit glotec can generate per quarter

Posted by Leoleo > 2017-04-17 19:11 | Report Abuse

If only can make 5 m per quarter. How to up ?

Posted by ydayunotellme > 2017-04-17 23:30 | Report Abuse

http://www.livemint.com/Industry/FJnlf02Ua2ipg5pVjVrOSI/RIL-starts-coal-bed-methane-gas-production-from-two-blocks-i.html

This is from India... article mention of possible price range of 7-8USD per mBtu, that price line is familiar to what was mentioned in Glotec's AGM last year....

The price of CBM is different from Natural gas, which is going at about USD 3.23....

2018 should be a sweet spot for all of us if all is going to plan as per their timetable. fingers crossed

Posted by jenabchen123 > 2017-04-18 10:17 | Report Abuse

India has successfully commercialised CBM. A successful story.

Posted by chinaman > 2017-04-18 10:34 | Report Abuse

CBM price is USD7-8 per mBtu,more expensive than natural gas, USD3.23...like that, can laku mei? look see, look see this ayam tua baby...

Posted by jenabchen123 > 2017-04-18 11:52 | Report Abuse

This need to be checked. My feeling they are more or less similar pricing. Should not be too different.

Posted by jenabchen123 > 2017-04-18 11:59 | Report Abuse

In India, the price is around natural gas.

Posted by chinaman > 2017-04-18 12:00 | Report Abuse

Can both CBM and natural gas mixed, stored together? any chemical reaction? if both pricing similar, then Glotec got big potential to make an impact, steal the business from natural gas....sorry- my knowledge on this industry still very poor...must look see, look see first

Posted by chinaman > 2017-04-18 12:04 | Report Abuse

if I'm not mistaken, India govt. subsidise or protectionist measure to counter import natural gas...that's why similar price. In Indonesia, if Indon govt. also got subsidy- YES- GLOTEC got big potential

Posted by chinaman > 2017-04-18 12:06 | Report Abuse

just like our local POTONG car with huge protectionist, lest- already close shop long time ago... we pay high price for junk car

Posted by abanglongpekida30 > 2017-04-18 22:32 | Report Abuse

Chinaman i see u newcomer.and yes.based on previous news and announcement ,govt will give subsidies towards cbm price to support chemical and powerhouse industries

Posted by Leoleo > 2017-04-19 06:52 | Report Abuse

The question is when they can commercialize the gas. Glotec said 2017 will work on plan of development. Look to me . It like they give excuse to delay gas commercialization. Why they need 1 year to wolrk on the plan ??

Last time got skl said end of 2016. Now 2017 apa pun tala. 2018 baru gas commercialization ah..

Posted by CrapTree > 2017-04-19 11:30 | Report Abuse

Leoleo The question is when they can commercialize the gas. Glotec said 2017 will work on plan of development. Look to me . It like they give excuse to delay gas commercialization. Why they need 1 year to wolrk on the plan ??

Last time got skl said end of 2016. Now 2017 apa pun tala. 2018 baru gas commercialization ah..
19/04/2017 06:52

Kikikiki.... kena lagi.... celita keep repeating.... wakakakaka

Posted by Fam Jenny > 2017-04-19 12:40 | Report Abuse

Probably has too few mine holes to commercialise.

Posted by CrapTree > 2017-04-19 15:06 | Report Abuse

joke counter...... especially the marriage between Glotech n Nuenergy....

Con + Con..... wakakakakaka

Posted by jenabchen123 > 2017-04-19 17:24 | Report Abuse

No hurry to commercialise when the oil and gas price is low. Rumour said price of oil will start to move to $65/barrel by end of this year. This could be their timing.

Posted by Leoleo > 2017-04-19 17:58 | Report Abuse

No hurry to commercialise ? Are u sure ?. Can earn money early also dun want ? Glotec now making
300 m profit per quarter is it ?

Posted by Leoleo > 2017-04-19 18:05 | Report Abuse

Nuenergy share price already double from 0.025 to 0.05 now.
This glotec still at 0.05 .

Posted by VT899 > 2017-04-21 01:12 | Report Abuse

My friend is telling me to purchase this stock now and keep for couples months, it sure will shoot up later! This is the best time to buy as many as you can according to your budget...he told me...
He has been invested / spending almost RM 100K in this stock since 0.05 to 0.055...
I am doubt and still considering...someone able to advise or any support for the insider news? Thanks!

Posted by Stockskid > 2017-04-21 04:16 | Report Abuse

Now 0.05 still got abit left if you keep doubt there soon can't get 0.05 anymore... now until june should be got news already...

Posted by YoApa MeApa > 2017-04-21 05:46 | Report Abuse

VT899, likewise thru good & reliable sources I was advised to hold tight with my collection for at least 2017 , their activities in Australia is progressively showing some encouraging result ............ meantime I pray pray n also collecting more lohhhhhh . Everyday I am adding my Q for 0.04 to 0.05 and so not many seller !!!!

Posted by CrapTree > 2017-04-21 13:54 | Report Abuse

yawn..... all cap ayam.... kikikikiiii....

Posted by Leoleo > 2017-04-21 17:00 | Report Abuse

how long they need to commercialize the gas ? any idea how long it takes to drill one gas well ?

if commercialize , can drill how many well in 1 quarter ? 1 well can contribute how much revenue or profit ?

Posted by jenabchen123 > 2017-04-22 18:41 | Report Abuse

May... not too long to wait for some news....

Posted by jenabchen123 > 2017-04-24 00:17 | Report Abuse

Nuenergy is raising up 20m for new working capital. See how the plan goes on 5th May.

Posted by CrapTree > 2017-04-26 16:42 | Report Abuse

yawn...... itch....

Posted by nithavjayalaxmi > 2017-04-26 18:08 | Report Abuse

Can buy this share or not...
any suggestion ?..