GGE 20.0% 0.2¢ grand gulf energy limited

undervalued., page-19

  1. 4,481 Posts.
    Love it Happy,

    Guys the issues will occur if GGP owes money all over town and someone pushes to realize their assets.

    As GGP is not the primary on any leases, oil should just flow as normal and their share will be paid as it has been.

    It will only be partners in the leases which will be in any plays on GGP's stake I should imagine. I doubt it would be an outsider jumping in to pay full value for the small percentages.

 
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