GBP TXN

Ann: Drilling to Commence on Seventh Leighton Dev, page-5

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  1. loki01
    11,125 Posts.
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    26/07/10
    23:16
    Post #: 6945892
    re: Ann: Drilling to Commence on Seventh Leig... I suppose it keeps them cashflow neutral at least by paying for GBP's admin costs while they conserve their main cash in the bank to earn interest.

    GBP is not going bust, unlike so manner junior oilers who are always seeking more funds from shareholders. GBP has won a major legal case and is cashed up to drill again in elephant country. But when?

    loki
    GBP Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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