GGP 0.00% 0.6¢ golden gate petroleum ltd

disappearing supply, page-14

  1. 6,029 Posts.
    Thanks for the lecture Morebull

    The company raised $9 mil with a specific plan for it to be doubled with debt and drill 10 wells

    That did not happen and a further $2.9 mil was raised as well

    Enjoy the rose coloured view

    your statement

    "The company does not want the share dilution the options would provide and has better options for the company" is one of the most Naive I have ever seen

    Claiming they are holding back the SP from 8c to avoid dilution,

    What, miss out on the $56 mil in cash, and a massive market cap that could allow multiple funding options to go forward

    LOL

    What they're hiding the 10 roducing wells under a sheet to avoid the SP exploding up 6.5c plus

    PLEAASE


 
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