Hi Testpilot, I've seen your enthusiasm for GGX on other threads. Personally I've been discouraged by their timelines constantly being pushed back - cf. their 'good oil' presentation with an earlier March presentation - and their reliance upon farm-ins to fund all the value adding drilling. Management have got fistfuls of dollars from earlier CSG success and should easily be able to tip $5m in to pay for seismics if they really believe they are as prospective as they make out.
GGX Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held