"another month until we get results, or another month until we're told it's another month?
Interested to hear other holders' thoughts, opinions on GGX at the moment."
IMO, there will have to be news of drilling through the junk very shortly. Once they've sealed prior perforations, it's their next logical step. They've already replaced the casing to 5" to allow for the larger sized milling bit to go down hole.
But beyond the moment they drill out the junk, who knows. No body knows EXACTLY what will happen next. They will have to take it as it comes.
At 3.5 cents, I'm hoping the only news we get is good news. I want to see GGX get its mojo back, inform us of further plans on Cebu, and then lift our spirits with some in ground estimates for St.Griede.
I didn't think it at the time, but my CG discount will be well and truly enacted by the time I eventually sell these puppies...I guess that's a win of sorts ;-)
Apart from the delay, we are no worse off than we were after the 2nd well. There's also the plan to go back and swab Jacob, they still hold out hope there too, you never know.
GGX Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held