GGP 0.00% 0.6¢ golden gate petroleum ltd

all things valuations in the permian basin , page-132

  1. 1,132 Posts.
    All I have seen over the last 4 weeks is how great this JV is going to be to the company....which is very tiresome given that the posters aren't stating what fundamentals will make it great.

    But I have only seen 1 or 2 posts that actually come out and say what they expect or want to see in the JV.

    I think it was Whiskey who said he would like to retain 40% and see everything paid for.

    I realise the thread has been hit recently by many posters such as Maxi who lack an understanding of what fundamentals effect a company and their effect on the SP.

    But howabout those posters who months ago were posting spreadsheets with potential revenue & costs versus shares issued etc. I would love to hear from them..

    What do these spreadsheets look like with an adjustment for dilution in holding and reduction in costs??

    How will the recent drop in oil effect GGP?
    What would be a good result for GGP in this JV, I think Whiskey also stated he would like some costs reimbursed? Is it reasonable to expect this?

    The quality of posts have really dropped of late, why is whiskey the only one who has an expectation, is everyone else just going in blindly and have no idea what is good for the company and whats not??? It appears many posters just don't have a clue and quite happy there GGP have a 99% chance of striking oil. Gee, lets buy now if thats the case and forget about everything else that makes a compnay.

    Are they going to come out when the JV is announced and say what a great deal it is no matter what???
    "What a great deal, we retain 10% and dont have to pay a thing"

    Come on GGP fan club, I would love to see calculations and projections for the SP based on the outcome of this JV
 
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