Some people on here seem intent on creating negative sentiment, I have no idea why you would publicly slander a company you are currently invested in.
When exactly were GGX supposed to release that estimate considering they only just perforated the upper sands 2 days ago.
The amount of conspiracy theories in this thread over the last 6-8 months is nothing short of infantile.
I've read accusations of negligence because they didn't opt to use the larger of the 2 rigs on Malolos first, with no consideration that a 3000m hole through limestone might require more horsepower than 1m if junk stuck in an existing well. I've read that delays due to Elections were concocted and suspicious. I've read that it will be almost impossible to break through 3 cents, 24 hours later we hit 3.8. And now I'm reading that a respected and proven operator is suspiciously releasing legally binding estimates due to a punters requests in a phone survey.
It is rather amusing that there are so many investors investing in fields they clearly have no understanding of. Sell your shares and disappear if you feel like GGX isnt for you, it will relieve this board of the constant presence of ignorance and dribble.
/rant.
Apart from the unfortunate drilling of 2 dry holes, which are unavoidable in our game, GGX has overcome every single set back and there's still people with the nerve to question Dennis' integrity. It's an outrage.
GGX Price at posting:
3.4¢ Sentiment: None Disclosure: Held