GGP 0.00% 0.6¢ golden gate petroleum ltd

partners, page-11

  1. 4,481 Posts.
    No money issues.......(yet)

    Around 14c per share cash backing with about 40 mill shares on issue.

    I am not saying they will be buying into PB, but they already had GGP's ear and did buy a large chunk of Silverwood.

    What it does tell me is that Silverwood is on hold presently and its got to be the VIL factor that nothing is progressing there.

    I suspect that both GGP and AUJ are not prepared to risk stumping up cash for another Silverwood hole with VIL in its current position financially.

    IMO, Napoleonville, FP, Silverwood are all now on back burner for some time - could even mean no action till March next year.

    Major dumping this morning or is it this "Mourning"
 
watchlist Created with Sketch. Add GGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.