GGE 33.3% 0.2¢ grand gulf energy limited

Ann: GGE Quarterly Activities and Cashflow Report June 2017, page-4

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  1. 28 Posts.
    Nice Qtrly.

    cash flow positive.

    market cap $3M

    cash $2M

    ...going on forecast expenses for next Qtr and current Oil Prices - cash flow should increase nicely going forwards

    The X factor...

    "Renewed interest in the Napoleonville 3D Seismic has recently emerged and the Company anticipates a significant opportunity to secure a new development JV to exploit asset during the next quarter."

    Looks good for a punt.

    Sleeper...
    Last edited by Sagan: 28/07/17
 
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