GGE 0.00% 0.3¢ grand gulf energy limited

Ann: December Quarterly Activities Report, page-2

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  1. 6,214 Posts.
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    Finally getting through the quarterlies!

    Geez these guys are set up for some significant cash flows relevant to their market cap!

    If they have a good run in a year they could quite easily produce their MC in revenue. Obviously they are using that to fund further acquisitions so not so clear cut but still worth it.

    $3.7m MC
    $1.7m EV
    Net operating proceeds last qtr $234K

    Pleasant home field will add $80 - 100k to that next qtr

    Boleslaw was a negative for the last qtr but that's passed.

    Hmm, thinking 0.5c is a ridiculously cheap buy! If you can get any.
 
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