GGP 0.00% 0.6¢ golden gate petroleum ltd

ggp leases retained ?, page-3

  1. 3,989 Posts.
    May have bestmuff but not sure ?? You tell me or better still, bring up the post ?

    You must admit, a couple of months ago, they had money put aside for the completion of their "current permian projects" lol

    So my question still remains, where did the money come from for #6 ?? A redirection of funds from the 5 current wells ?

    Considering this thread is about lease retention, I would guess that the coy has put, another hold on the 4 verticals producing anything decent for the choice of further lease retention by drilling #6 ???? Really am bamboozled by the origin of the $1.7mill for #6

    I am though confident in saying now, unless a major finance raising is achieved very soon, the chances of spudding #7, #8 and #9 is near impossible ??

    bestmuff I would appreciate your thoughts on GGP's ability to retain any leases.
 
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