GGE 25.0% 0.3¢ grand gulf energy limited

Noofstar,Just my rough numbers based on the 2013 Financials my...

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    Noofstar,
    Just my rough numbers based on the 2013 Financials my guess is by Feb the 461 would still be unmarketable. Then your analysis would probably work on the remaining bit depending on our price assumptions. Imo its around 11m shares @ $225 avg holding so assuming good qtly and drilling update they may not meet the criteria by then.
    Opinion only based on page 54 GGE Annual Financial Accounts below:

 
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