I have a sneaky suspicion that when GGE say they want to divest into other ventures, this could mean some Australian acreage leases. I am aware of a couple of ASX stocks that are wanting to farm out some very encouraging gas fields, specifically in WA.
$3mill would get them a ticket in the door to a few drills here, I think we might have to see what happens when dust settles.
Demerger, page-7
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