GGE 20.0% 0.4¢ grand gulf energy limited

la posada, page-20

  1. 500 Posts.
    definitely before 150days!

    I think how GGE has handled this la posada drill is perfect. If they drill ahead of schedule it will have a positive or at least a neutral effect of the SP. Where as if they said it would take say 70 days, and it end up taking them 100 i.e. there's a delay, it will have a negative effect of the SP. I think the fact they've said it will take 150 days (overestimating) is a smart play as far as the effect on SP.

    In an ideal world: Drilling completes ahead of schedule + positive results = Rocket under SP

    GLTA
 
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