GGE 0.00% 0.3¢ grand gulf energy limited

I wouldn't sell until at least the infill well is drilled as...

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  1. 4,784 Posts.
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    I wouldn't sell until at least the infill well is drilled as that could add 600k-800k barrels at a few hundred per day based on previous announcements. that's a game changer for a stock with a $4m market cap and cash flow positive.
    Last QTR was a $95k after all costs incl exploration, admin, staff costs etc. Given exploration or payment of the Smak Dixon is probably this qtr rather than last, as forecast, i'm expecting a surplus of say $200k, possibly a bit more.
 
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