PEN 4.55% 11.5¢ peninsula energy limited

green, page-11

  1. 630 Posts.
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    Hey Reichman,
    To over-simplify, there are two basic contracts:
    One is a signed agreement between two parties to act, the other is what we might call the 'Golf Course Contract'.
    The GCC is usually the one which gets at the core of the partnership.
    In the case of PEN, I dream that Gus has played a very productive round at Lake Wyoming with the Governor (losing gracefully on the last). Much is talked about, including fast-tracking The Project...
    A couple of months later, Gus finds himself on the 18th at Jade Gardens Country Club. He has spent the last five hours holding back on the driver and missing two foot putts, all the while flashing the pearly whites and nodding profusely. But the job is done and a handshake is made and a GCC is signed off.
 
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