It was simply put by Frank P a number of times today. We need cash and we need it today, in reference to the hori.
A couple of other points i forgot sorry.
1; regarding the URGENT need for cash, Frank stated that the way HAL work is they want the cash up front ! No if's about it,no $$ no fracking.So the urgency for the $$ can not be understated, at least from the coy's side.They are really, it seems to me in a hurry to knock this hori over asap ! A lot riding on it but they were not backwards in coming forward when it came to the urgency on the cash.
2; I did forget to mention a couple of others. Firstly morebull. I cant thank him enough for all the effort,research and countless hours he has spent to help myself and many others who hold.He has really been proactive and a great supporter for all the long termers.Thankyou once again mb. And also cmonaussie who has really opened my eyes as to what I should expect in the "real world" of life in the PB,lol Thanks again cmonaussie your technical knowledge of this is greatly appreciated.
Hi Margi,
one thing I won't do is try and put a better spin on the GGP story than what it really is, ( in my eyes ) I have a lot of $$ invested here as has most but no-one will benefit from the attendees today trying to sell the GGP story with a car salesman type description,if you get my point ?
It really was a somber meeting in my eyes, and in a way I suppose the company is at the crossroads at this stage.I am really dissapointed the notes got up but it's history now and nothing we can do.We all have a lot riding on this hori.Future finance, independant resource appraisal, JV's,etc etc. To put an analagy on it, they are damned if they do and damned if they don't. Stuck between a rock and a hard place.I must say in their defence and I hope I am not proven wrong here,they are very very determined to get this monster hori up and running asap.That was really good to see but, I just hope we haven't bitten off more than we can chew ?
enough from me I have a very dry mouth from speaking to much, :)
night all
GGP Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
