interesting day ahead, page-12

1) Too many convertible notes on issue.
2) Too many shares on issue
3) Poor ROI in permian - look at past announcements by GGP and make your own cost analysis.
4) ASX announcements that continue to promise more than they deliver - look at past announcements by GGP and make your own decision
5) Questionable leadership
6) No partners
7) No cash

And do you think this is a good investment?

I sure dont. if it hits half of 1 cent per share do you think you should be excited? No not really...

0.3 long term pick over next 3 months. This 0.4/0.5 won't hold IMHO. Too many negatives. Wait for the next 15% dilution (shareholder approval not needed).