Good post Steven. Sensible and Thorough.
Similar nervousness exists in the likes of pre-production stocks like OEL. Simply investors are gunshy of another AED wipe-out and want to see sustained production before entering.
Each to their own , you would not want to be chasing a spike to $2 after a Kate related trading halt having had the opportunity to gamble on her at 12~15c.....imo.
And in reality the current market cap is very low relative to others with 'paper elephants' in costly deepwaters in third world countries.
I rate this a buy to 15c pre-spud..... lets not forget the other company making projects and respected management .... and ... all projects ONSHORE !!
The quarterly next week will spell out where GGX is at and further buying will follow ....imo.
DYOR
SALTY
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