GLV 9.09% 2.4¢ global oil & gas limited

Unfortunately that loan to the group on the Phillipines project...

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  1. 2,339 Posts.
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    Unfortunately that loan to the group on the Phillipines project is a commitment from the previous Vost led board. Fortunately is small enough monthly payments to absorb.

    Also fortunate is project is usually arranged in parallel with acquisitions so no impact on current cash position.

    Just wondering actually how that interest (DD?) was going from the private company who paid $20k just to have exclusive access (first and only bite at the cherry?) on the Georgina Basin lease. The access period will up soon so they should be able to release who it was and the deal if it was concluded.
 
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