GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Permian Project - SRH 5H on Gas Lift , page-13

  1. 1,720 Posts.
    Nathan correct on all those points, anyone reading put yourself in a noteholders position right now, the savior well 5H may end up finally around 200-300 BOEPD which I cannot see being anywhere near enough to give the SP a sudden surge, so as a noteholder if you convert you need volume with an increasing SP to offload your newly acquired shares into

    Sad thing is it doesn't now seem that is going to happen,

    So onto plan B, wait for LIND and their dilutive agreement with their tranches to sell into the 0.002's

    Well blow me down, as I'm typing it's already happened.
 
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