Green Dragon Share Discussion Threads

[billbyrne] 24/8/2009 10:14

Thanks for the link Andy

Very nice RNS. Perhaps this answers the challenge of how to monitise the resourse. Hopefully onwards and upwards towards evolutions $13

Article dated 30/6/09

Evolution Securities said in a note on the back of the results that Green Dragon remains the dominant international player in Chinese CBM with a huge resource base.

"The challenge remains to monetise this resource. We increase our target price to US$13 from US$12.4," the broker added.

[andy] 24/8/2009 08:37

Holders will enjoy this article!

[ceohunter] 14/7/2009 08:43

If you are interested in Green Dragon Gas, the directors of Blue Energy (ASX: BUL) a successful coal seam gas play are in London this Thursday for a presentation. The details are:
Ascent Resources (AIM: AST), Blue Energy Limited (ASX: BUL) and Kenmare Resources (AIM: KMR) will be presenting:

Thursday the 16th July 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

[secretsqu] 21/3/2009 18:22

I have had this co on my radar since Dec. The share price is quoted in $ and is currently at $6.

My question may be obvious, but given the exchange rate as it is, is now a bad time to buy. I am not considering the spread when asking this, which is another point altogether.

Wouls appreciate some input.

secretsqu

[azalea] 02/3/2009 08:52

House broker Evolution Securities on the 23/2/09 is still forecasting losses through 2009.

[mrchips] 28/2/2009 12:07

Well Director buying has put the share price in a better place.

[mrchips] 22/2/2009 11:29

Yes the price is ofc in $, but the current mid price is about $2.8
The new shares are still coming in above, current sp

[jdavieshome] 22/2/2009 09:38

A hint

"Joined aim - placing 4.5m shares at $5.56 a share."


Look at the long term US$ chart......

[jdavieshome] 22/2/2009 09:37

Ever thought the chart up top is US$.......and not pence.........

[azalea] 22/2/2009 09:31

chips
Surely, it cannot be right? A few pence more maybe but not 40/50 times more.

[mrchips] 22/2/2009 05:34

This one has got me a little confused too, but it does seem that the offer is above the current share price Not very tempting is it. I'm still holding though.

[azalea] 19/2/2009 17:12

How can they be making an offer for new shares @ $3.68, when the share price is below 4p? Has there been a mix up betwen GDG and DRS?

[fegga] 03/12/2008 16:14

stucom, also in shares magazine dated 27/11 - on the watch list

rgds

[stucom] 29/11/2008 12:17

fellas,came across this in this weeks IC.positive comments for coal bed methane,with the tree huggers etc in china,anyone read it,comments?.stu...not a holder till i find more info.are they hard to trade?

[jc1619] 06/8/2008 08:44

as a newbi do we invest in this in dollars or £ ?

[mrchips] 16/7/2008 16:47

Thanks for that humphries1.

[a_zimbo] 24/6/2008 06:11

Anybody got any opinions on the aquisition announced after markets closed?

[mrchips] 11/5/2008 14:00

Hi Dorset I think this kinda sums it up...

"Following over a decade of effort to develop a vertically integrated gas
company built on our vast CBM resource, this quarter is particularly exciting as
it represents a turning point in the Company's history as we move from being an
exploration to a production company. With gas production in hand, the rest of
the integrated plan will be implemented expeditiously as the management has
worked on the other segments concurrently," concluded Mr. Grewal.

Expect more drilling, more wells moving to production and the whole exploration to product sales falling into place.

Check the last years RNS, there aren't that many and the website here:


Reports well worth reading here:

[dorset64] 09/5/2008 12:35

guys, just to start me off in the right direction, when are results due and what order do you see the news flow being presented. Thx in advance.

Dorset

[a_zimbo] 29/4/2008 14:02

2 more weeks without a post and yup, I'm holding.

[mrchips] 14/4/2008 19:11

Quiet on here, anyone else holding?

[sharpinvestments] 26/11/2007 12:56

Does $10.50 mean 10.5 dollars or 10.5 cents?


RNS Number:4351I
Green Dragon Gas Ltd
26 November 2007


26 November 2007

GREEN DRAGON GAS LTD.
("Green Dragon" or "the Company")

MERRILL LYNCH INITIATES RESEARCH

Green Dragon Gas Ltd. (AIM: GDG), the Chinese coal bed methane ("CBM") business,
today announces that Merrill Lynch has released a CBM sector report and a
research report on the Company titled "A green giant awakens". The analyst
initiated research with a Buy recommendation and a price target of US$10.80 per
share. Both reports are available on the Company's website.

Mr. Randeep S. Grewal, Chairman and CEO, comments, " The CBM sector report and
research report on the Company highlight the significant growth potential for
CBM in China and the Company's leadership position within this niche. We are
pleased to see an institution like Merrill Lynch pick GDG as a leader within the
Chinese CBM industry".