Looks like we are all so divided as to what is really going on. Its unfortunate that we cant just take what management tell us as being just fact.
Unfortunately GGP board has created a very unhealthy feeling of distrust amongst its SH, and most here seem to have no idea whats really going on because of this.
The one thing that still has me scratching my head is why
Frank and tom booth underwrote the SPP at .5 cent.
I mean these guys are very astute, and were also privy to inside info. Even the smartest of people make mistakes at times I know so was this there big monumental mistake that they are now regretting, or was it based on knowledge that there investment was safe and they would at least double or more there money. I don't think they would have risked this if they thought it was only to make 10 or 20%.
Its hard to imagine that things could have gone that terribly wrong in a few short months since then.
Nothing much seems to have changed, even Arturus going belly up would have been no surprise to them surely.
It really makes you wonder were they just simply taking a punt like the rest of us,that this 5H well was going to be a cracker, i must admit it has me intrigued, is this the company maker that even Tom and Frank are betting on with there inside info, and so rerating our PB acreage which in turn would rerate SP. Or did they make a monumental investment mistake like the rest of us.
This 5 HORI well should tell us a big part of the story.
LWR
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