I have some concerns about the GGX share price potential.
on success mainly due to the current s/p of CVN..
The facts..
1. CVN.. 700,000,000 ml.shares on issue
2.Pumping somewhere between 650-1000 bls/day net with proved/probable reserves of up to around 15mml.bls.with approval for around another 60 wells..j/v
3.Share price at around 9.5c...!!
4.Iam struggling to see GGX as a competitor getting above say 30c -40c on moderate initial discovery success..
Your comments please...
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