OTCM
GRYRF
Market cap516mUSD
Jun 01, Last price
0.36USD
Name
Geo Energy Resources Ltd
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Profile
Geo Energy Resources Limited, a Singapore-based entity established in 2008, operates as an investment holding company primarily focused on the coal industry. Its core business activities involve the extraction, production, and commercialization of coal. The company's operations are divided into three distinct segments: Coal Mining: This division is responsible for the direct production and subsequent sale of coal from its own mines. Coal Trading: This segment focuses on acquiring coal from third-party suppliers and then reselling it. Mining Services: Through this division, Geo Energy provides expert mining contracting and project management solutions for activities conducted at external mining sites. Geo Energy Resources holds and manages several significant coal mining concessions within Indonesia. These include the PT Bumi Enggang Khatulistiwa concession, which covers approximately 4,570 hectares in Kutai Barat, East Kalimantan; the PT Sungai Danau Jaya concession, spanning 235 hectares in Tanah Bumbu, South Kalimantan; the PT Tanah Bumbu Resources concession, encompassing 489 hectares, also situated in Tanah Bumbu, South Kalimantan; and the PT Surya Tambang Tolindo concession, extending over 4,600 hectares in Kutai Barat, East Kalimantan. Beyond its principal coal-related ventures, the company has diversified into power generation, general commercial trading, multimedia supply, and offers management consultancy services. Geo Energy Resources maintains a broad international presence, conducting operations across Indonesia, China, Thailand, India, the Philippines, Vietnam, South Korea, and Pakistan.
Valuation
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