GGE 25.0% 0.3¢ grand gulf energy limited

Demerger, page-22

  1. 4,481 Posts.
    I don't know if CB has an input into agenda, however I believe there is an agenda therefore the
    accelerator has been pushed.

    I seriously suspect that GGE want the cash to get into something already in planning. I doubt they
    would stray from their expertise and that means oil/gas.

    Where do we stand, an Aussie listed oiler drilling holes in US and have been moderately successful!

    What would be so enticing to want to throw assets into a holding coy? I suspect still its something in
    Australia and they are already in negotiations if not laid down a deposit. Interesting that this has come when
    there is a period of lull over Christmas / New Year.

    I am convinced we need to watch this space.
 
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