all things valuations in the permian basin , page-134

I was given this important piece of advise a long time ago.

"Arguing with an idiot only makes 2 idiots".

Hence why I don't waste time arguing with muppets but make my investment decisions based on FACTS not people's opinions.

We've waited so long for this moment but we long termers know that GGP's going to be far transformed from a couple of years ago from our previous dramas (duglas lebanc should I say no more) into a fully funded cash generating machine.

Imagine what people would have been saying about SG when he was at Orchard Petroleum and produced a couple of dusters, where are those people now.

If SG really wanted to he could've got a 5m debt facility to frac our first 2 wells, fund another vertical, EF and Sugar Vally and watch our SP grow with self funded development albeit a bit sluggish till we hit 1000+Boepd but we COULD DO IT. Somethings in the wings way bigger than us going solo and based on our lease hold, SG's connections and the long drawn nature of negotiations with oil rated withheld and a suspended well program in PB we must be getting close to a conclusion.

I highly doubt a dilutive Capital Raise is on the cards atm because there hasn't been any announcements to pump up the sp prior to one like most other companies do.