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G3 Exploration Limited - Operational update

G3 Exploration (LON:G3E), previously Green Dragon Gas, published an operational update for its Baotian-Qingshan (GGZ) Block, located in the Guizhou Province of Southern China.

Executive summary

Whilst we believe such strategic moves could eventually bring more clarity of purpose as well as additional transparency and opportunities in the medium-term, the market is inclined to wait and see where and how the dust settles once this transformation has been completed.

Quick facts: G3 Exploration Ltd

Price: 10.5 GBX

LSE:G3E
Market: LSE
Market Cap: £16.39 m
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What's in the report?

Financial results and forecasts
Growth drivers
Management
Market conditions
Milestones & inflection points

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Morning Report: G3 Exploration survives to fight another day

Headlines from the Proactive UK newsroom. China focused gas group G3 Exploration (LON:G3E) has received a stay of execution from the Grand Cayman Court. Joint Provisional Liquidators have been appointed and will work with the board and management to develop a re-structuring plan. Rockfire...

on 12/12/19

2 min read