Pretty similar view from me, I don't have confidence in current market sentiment, I think June qtr for speckies will be ugly but some will do ok. Any good news is sold in to and companies without cash are losing assets or future earnings diluted through farmout or CR.
Best investment imo is in time and research, risk less cash and look for a good multiplier into the future if things pick up.
For GGE I think if we can double the Dec result that will be a good result and should limit any downside. Sub current levels a good medium term hold.
A Louise spud and news on production facilities may charge peoples batteries but any rerate to "perceived" value will need better understanding of the plan and end goal imo.
Last week we saw some interesting developments around our areas with the Tract lease sales. All available leases in Assumption and Iberville were bid on. I doubt we were involved but worth watching.
All opinion only, Have a good weekend all cheers
GGE Price at posting:
1.1¢ Sentiment: None Disclosure: Held
