I believe they are at the final in preparation to go into production , the other major shareholders over in Aus have agreed all financing points , blah blah ......................... However, I could be wrong ???
5bil shares is easily adjusted through consolidation exercise. The reason for uptrend is because this year is the best year for Glotec since their CBM is started to commercialize and supplied to Petamina Indonesia, and contribution will reflected in their accounts later.
Another catalyst is because as crude started to climb back to USD70.00/barrel, reliance will be on other alternative fuel as source of energy.
Lastly, any penny stocks below 5sen will soon be finished and you can't find one then.))
after more than 3 years this year 2018 will be the exciting year for Glotec after Mar'2018 when the production of CBM gas finally piped through to Petamina depot and sales starts to ring on their coffer.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kirawang
240 posts
Posted by kirawang > 2018-01-04 13:40 | Report Abuse
keluar longkang dulu baru tuju langit kikikiki