GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Half Yearly Report and Accounts , page-5

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    Working capital (continued)

    " That the group has the ability , if warranted, to continue to raise additional funds from
    share placements; and
    That the group is able to realize value if it deems appropriate through the selective
    divestiture of assets or a sell down of its interests in projects.
    The directors are confident of securing the above outcomes, if required, over the 15 month
    forecast period to May 2014. Since the end of the period under review the Company has
    completed an AU$3,231,210 1:4 Entitlement Issue and secured up to a maximum $7.5 million
    working capital funding commitment from the Australian Special Opportunity Fund, LP over the next 2 years."

    PLAN A?
    hope not :=/
 
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Currently unlisted public company.

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