The equation is somewhat binary now. If the Hoizontal is good then it will be the start of new times for the company.
Just to note, ggp cannot afford to dilute the SP any more at all, so if the horizontal is good they will either look for a JV or go through debt funding.
They have drilled multiply verts in the area of their horizontal and i am sure that they would have done everything in their power to drill a horizontal in the 'best' location. So i am confindent of a good result. However if its not good well look out.
Im going for the punt, 1 good horizontal will be a game changer in the long run.
- Forums
- ASX - By Stock
- GGP
- more reality
more reality, page-7
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online