GGE 0.00% 0.6¢ grand gulf energy limited

gge for dummies, page-11

  1. 2,614 Posts.
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    I admire your work 5hareholder, but to be fair a comparison between AUT and GGE really is extreme.

    I know that you have eluded to this in your post, but AUT is an industry leader with everything in place (including a high level of safety) and has premium's built in with being an ASX200 company, whilst GGE is trying to get things back on track, and is in the process of immense dilution.

    Maybe a more accurate comparison to GGE would be a similar O&G speccie, who currently have similar goals to GGE.

    The most important thing for GGE is to come out of this impending cap-raising stronger than how it was when it came in and decreasing the debt is a good start.

    The next step is to hopefully get another well on the production line to improve the cashflow. The company is at the cross-roads right now, and I believe the next few months will be some of the most crucial for the company.

    Best of luck to all holders, you certainly deserve it.
 
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