I love this presentation to investors, I have read and reread it many times and a few key points keep jumping out at me that I would like to open for discussion.
1, oil price is now close to $70 a barrel and our production costs have been estimated under $10 a barrel,
2, solution for Malolos-1 sounds fairly straight forward, with sales within months of production
3, oil and gas production in SC49 just below us in Cebu with same age sandstone
4, estimating to hear from France presuming before our new license expires end of May
5, Estimate 2.3milion AUD to date accruing from France
6, currently in negotiations for assets ( south east Asia ) Indonesia maybe?
We don't need a lot of cash in hand right now to make our assets come to fruition, our experts in the oil and gas field are worth their weight in gold, perfect example and DYOR our cousins BAS have started and are doing very well implementing but still flying under the radar... not advice. I wish this plan for Gas2Grid.
Gas2grid would seem poised for their next few moves, exciting times happy researching and as always only my opinions and never advice but I hope we all can share what we find and be successful together in the nearest future.
Only my passionate assumptions GLTOH
GGX Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held