GGE 0.00% 0.6¢ grand gulf energy limited

Thoughts on these 2 ann, page-22

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    Re sidetrack, if they knew what they were doing they wouldn't need the sidetrack. Having said that, all speculative drilling is just that, worth a try with the sidetrack however their best bet was the original drill, I wouldn't bet on a positive result.

    Re market over reaction, remember the share price was around 1c, as low as 0.7c prior to the lead up to this drill.

    A failure here will put doubt on the Napoleonville project, their best asset.
 
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