GBP 0.00% 2.5¢ global petroleum limited

Ann: Quarterly Cashflow Report, page-3

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  1. 2,266 Posts.
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    estate - I wonder when the language is going to change from "GBP has significant cash on hand in comparison to peers to fund new projects - to we had better conserve cash - it has taken 4 years of relentless "yes minister" administrative affairs to reduce their cash balance by approx. $4-5m. so at least another 4-5 years to drain this Co and onto another I presume

    your assessment on what is happening is accurate IMHO.

    ps need to change business model, hell no it is working a treat at the moment and GBP sp is definitely due to poor mkt sentiment and the oil price will be the main comments at the AGM I bet.
 
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