GGE grand gulf energy limited

we have oil!!, page-8

  1. 1,198 Posts.
    lightbulb Created with Sketch. 60
    OK Nathan - I really hope you are right but I just wanted to protect the innocent!
    The announcement does NOT say they are committed to commercial production but clearly shows their strong hope and desire to do so.
    All we know is that there was at least 25 barrels in there!

    Why wouldn't they talk about commercial production ("if" there is enough shown on further testing to justify that)?
    They are wanting to wipe the bad recent memories and make everyone happy. Fair enough, but it is a risk (in case the results aren't as good as hoped).

    "Pretty much confirmed" isn't quite "a done deal"

    Like I said, I hope its the biggest well ever found, but it is misleading to say what you said (not saying you meant it that way, if I were in your shoes I'd be wanting it to be huge but that doesn't change reality)

    sasa
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $8.461M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $23 11.21K

Buyers (Bids)

No. Vol. Price($)
21 19311137 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 14696074 16
View Market Depth
Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
GGE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.