GGE grand gulf energy limited

hy update out, page-13

  1. 15,798 Posts.
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    Yes R15, i think if the projects like Abita that have been successful were concentrated on, and GGE took it up alone so full percentage production came back to the company GGE may have a good thing, but i guess the downside to turnkey is less reward if you are successfull, but if no success then still not making any progress with less exposure to loss.

    I don't know what the figures are for GGE's whole year, but since GGE sold the la posada for 7 mill they may have used up a lot of cash probably over the large scale drilling of the last 8 months.

    Oh well, keep on plodding along with my cane.
 
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