GGE 25.0% 0.3¢ grand gulf energy limited

Ann: Quarterly Report, page-5

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  1. 469 Posts.
    lightbulb Created with Sketch. 5
    I not overly impressed with Qtly, I have just read the same info from 12 months ago, Desiree producing, WK waiting on facilities, Louise waiting to be drilled, with only 1 mill extra in bank and no activities to speak of apart building WK tanks and pipes, the usual sliding time line with 3 new prospects to be drilled this calender year (from March Qtly) now in the next 12 months.
    What am I missing, shouldn't we have more cash?
    Cheers
    1h
 
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