GGE 20.0% 0.2¢ grand gulf energy limited

K273, Interesting article. The key take-out is that companies...

  1. 68 Posts.
    K273,

    Interesting article. The key take-out is that companies need to be able to handle the downturn in rates and manage fixed/operating costs. For GGE - we seem to be in a good position with Admin and Production costs being below revenue costs (ie. +cashflow). More recently - we have seen an increase in exploration costs, presumably as a result of the costs associated with 3D geo-analysis. Either way - your article is a reminder of the risks associated with investing.

    Leba
 
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