Geo Energy Resources Ltd. (SG:RE4) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Geo Energy Resources Ltd. has secured full insurance backing from China’s SINOSURE for its USD150 million Integrated Infrastructure Project in Indonesia. This strategic project, featuring a 92km hauling road and jetty, aims to enhance logistics efficiency and boost production capacity at the TRA coal mine, while also generating additional income by leasing infrastructure capacity to neighboring mines. The insurance support facilitates financing, enabling the project’s progression with increased confidence.
For further insights into SG:RE4 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue