Company doesn't have the capital to drill USD$4.5m wells so its either JV's with farm down (interesting to see what deal can be done here though its an area that has a lot of interest) or dilution. I prefer the former, slow and steady. I was buying at 0.003 now its at 0.006. Slow and steady she goes. Still only $4.8m Market Cap with cash in bank, cashflow positive and great prospects. We will see 1cent + this year, imo.
Ann: Grand Gulf Energy acquires 1,075 Gross Acres in Eagle Ford, page-4
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.380M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 22418675 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9335785 | 16 |
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| Last trade - 07.16am 22/11/2024 (20 minute delay) ? |
| GGE (ASX) Chart |
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