USD $4,165.18
Goldman Gas: The Invisible Gold Unicorn
Everyone is looking for the next big UNICORN in the market. KITCOGOLD is a platform that is the largest in Australia, dedicated solely to Gold “in every aspect of the word”. However, every now and again, a UNICORN pops up that is not GOLD in the form of the yellow metal, but in the form of Invisible Gold: GAS.
ASX: PVE – PO VALLEY EXPLORATION LTD.
Gas is fast becoming the new GOLD. KITCOGOLD follows a number of UNICORNS, but most fall as they get to the finish post. In this case, this UNICORN has hit the winning post and is one of only a handful of Aussie companies that has done exactly what it said it would do – on time and on budget.
It makes money every quarter, developing a gas well in Italy. It has massive further potential and no shortage of buyers for its gas. The Chairman of the company owns 25% of the stock and has been the backbone of the company. He has now assumed the position of CEO. This guy is on a mission and expects to quadruple production, with approvals and permits to commence four more gas wells.
As well, it has a large offshore gas permit, close to shore in shallow water, and is looking to JV it or sell it to increase onshore gas development to become one of Europe’s next mid-sized gas players.
