GGE 20.0% 0.2¢ grand gulf energy limited

potential cheap opportunities, page-12

  1. 1,562 Posts.
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    R15 & all, I think Josephine was targeting gas and with the low gas price would put it back for a while. Re the other wells it is possible the reasons for the expiry are the same reasons for GGE not being able to give more detail in our presentations. Similar to a grand final where the opposing teams publish their game plan prior to the start. I would welcome an overview of where we are going but not if it compromised our long term prospects. The community issues would also be delicate. Announcements we have had over the past 6 months are most likely the best we could expect given the issues. I believe our mgt to be astutely progressing, they have been greatly underestimated imo. My old man always told me "if you don't know something concentrate on what you do know" and at this point I believe we have enough information to evaluate our personal holdings but that is just my opinion.
    I found this article on unitization which is useful and expands on T1's good comments.

    http://www.cnbc.com/id/101200102
    Cheers & enjoy the weekend all
 
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