GGE 25.0% 0.3¢ grand gulf energy limited

R15 & all, some general comments as I'm more watching with...

  1. 1,562 Posts.
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    R15 & all, some general comments as I'm more watching with interest now until we get some company updates. At that time I think some dots will join which we can all talk about. I have a view as I have posted but it is more about the research for me than share price and the additional interest now makes me more cautious as I am not an expert.

    I agree that Louise info, permit & drilling will be important for new market interest and SP. It doesn't matter to me as we roughly know the location, Cost, Operator and type (Directional like Desiree). If successful it should pay itself off in a year like Desiree will. Strategically for us permit won't add much info. If NW took up the Louise WI difference it may and if it was in the other Section it would have imo.

    Top 20 has been pretty stable for a few years, they appear content to wait/ Also CB added in the last year at 1.5.

    From the recent fin report I work out there were less shareholders at June 2013 than June 2012. The average holding per S/H has increased which would indicate the doubters are pretty much gone and those now holding have already formed a view and acted accordingly. Many that added post cons are close to or in the money and whilst they may take a trade they look to be supporting and adding.

    As always this is opinion only, it means something to me but may not be important to others. Everyone should do their own due diligence and make careful consideration before acting. Even the biggest & best coy's have problems and these problems have greater effect on the small players.
    Sorry for the novel, good luck to all. Thanks R15 for keeping this thing together over a long time.
    Cheers

    Fouund this fyi
    https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCkQFjAA&url=http%3A%2F%2Fwww.huttonenergy.com%2F_literature_113782%2FGlobal_Energy_Activity&ei=5CqCUuqQJKmpiAeU0IDICQ&usg=AFQjCNFrr1HcKV4D4inYDws82icuc3X_PQ&bvm=bv.56146854,d.dGI



 
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