GGE
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0.00% 0.3¢ grand gulf energy limited

Ann: GGE Amended Notice of Meeting, page-8

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  1. Scottport
    4,481 Posts.
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    09/12/15
    09:05
    Post #: 16574865
    One big question has just popped into my mind.

    Where is Louisiana Oil getting $19mill from to purchase assets?

    Will the $19mill be a loan which will have to be repaid, thus lowering distribution to
    shareholders?

    If its a loan, then interest has to be paid, over what term when considering life of assets?
    GGE Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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