GGE 25.0% 0.3¢ grand gulf energy limited

Rob,EtalMaybe I missed something while I wasdoing the Baldrick...

  1. 3,469 Posts.
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    Rob,Etal

    Maybe I missed something while I was
    doing the Baldrick bit ,but what
    is the situation with Petrodome ?

    Apart from "The Company has been advised by Petrodome
    that they will be relinquishing their earnin rights
    on the dome following drilling of Louise." Nothing.

    Why would Big Bro give up "earnin" rights after Louise ?

    Just what that means I'm not sure ,so no way to
    understand what, if any, is the "Knock on" effect/affect.

    "After Louise" would indicate that The Dome is back in business and it's time to Develop with a big D.

    Note reassurance under the same heading ,Page 13
    Investor Presentation November 2013

    "Napoleonville Salt Dome Development"

    "The Company is presently assessing its ongoing
    development opportunities and will continue to
    keep shareholders appraised."
    ( appraise means "to evaluate the worth of.)
    Maybe "apprised" intended ,which means “to tell.”

    Followed by Xmas New Year SSSSHHhhh.

    Anyone ?

    CH$$RS R15
 
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