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Ann: Presentation SC 44 , page-2

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  1. junior101
    1,390 Posts.
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    21/02/12
    16:08
    Post #: 9727630
    This is good news...management has gone from a conservative approach to this project..to now saying that if Farm-in negotiations are not up to scratch the 3 well project could well be still be financed from either private sources..i.e Budside??..or a convincing result from current testing programme...i.e 50C PLUS/SHARE..given commercial flow rates...which would result in the conversion of options..
    GGX Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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