GGE 0.00% 0.3¢ grand gulf energy limited

R15, I've been working on a tan, relaxed and quietly optimistic...

  1. 1,562 Posts.
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    R15, I've been working on a tan, relaxed and quietly optimistic for a good year. Probably a little ahead of myself with this one so sitting back chilling with the kids for now.

    The quarterly reports will be out for all the junior's O&G by end of month. I doubt there will be a better 5c cashflow than GGE's and that sets us up for the year imo. Maybe if the other coy's followers do some benchmarking that will start attracting some interest?? Who knows - on history it is unlikely but there has been more readers over the past month and last week one good day's trading activity. Looks like we have a base now at least at .009 and possibly .010 which is up from June's .004.

    Last year our quarterly came on 23rd Jan, 2012 came on 19th Jan although not due until 31st. The numbers would be done now so only thing is what else will be announced and if in the meantime any additional news will come out. Personally I don't think they are quite ready to give the big picture yet but the quarterly date puts pressure on some info coming out. Imo it is possible could see some permits in between and better the context comes from the coy than us speculating. Obviously I have view but as always acknowledge I could be wrong so happy to wait and hit the beach for rest of January.

    Things we are waiting on, West Klondike production facility, Desiree Prodn facility, Louise Spud date, any other drilling plans. To balance the positive we should always remember the outstanding D&L3 claim which worst case could cost $1m but other than that I can't see any show stoppers.

    Here's a calendar we can tick off the days with. I hope we get our quarterly out before the others and this qtrly presents an opportunity for mgt to highlight the strong position they have put us in, this time more than any other I hope they don't miss it.



    Have a great day and hope your other one goes well:)
    All opinion only
    GLTA
 
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