GGE 0.00% 0.3¢ grand gulf energy limited

You wrote: " Remember this position pre Desiree where we would...

  1. 1,562 Posts.
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    You wrote: " Remember this position pre Desiree where we would get almost daily updates, all looking good and then duster!" Thus my question as Desiree was not a duster.

    Louise was most definitely low risk. Are we broke or in suspension like some other speckies? I guess many misunderstood what low risk means, I certainly didn't as there are no guarantees in O&G drilling.

    We didn't need a good outcome as the business is in good shape and the well was mostly already paid for. Now we have a potential SWD well to save costs in the future, I'm ok with. Are we still cash positive?, What is the profit? Perhaps as a shareholder you could also reflect on these or compare with some other companies and possibly give mgt here a bit more credit for their efforts.

    To not hit oil was disappointing for sure, read any of my posts and I have always said I believed Louise was not a big deal. My logic is clearly placed for all to see. You may disagree, nothing wrong with that as it is only my opinion and I am relaxed because of the many informative announcements we have received.
    Cheers
 
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