GLL
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15.8% 2.2¢ galilee energy limited

Ann: Gas discovery in Lavaca County, page-9

  1. grandcaruso
    2,317 Posts.
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    25/02/15
    11:05
    Post #: 14814523
    These guys probably haven't done a CR in at least 6 or 7 years because they sold a coal asset to BTU at the top of the cycle. Worked out to be a pretty smart move actually. Cash burn is high now because of current drilling program but won't always be this way . Don't know about your call of $30 a barrel it's certainly not there now so why is it an issue.
    GLL Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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