GGE 0.00% 0.6¢ grand gulf energy limited

accumulation at 1.3, page-8

  1. 6,591 Posts.
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    We couldn't have asked for a better announcement this morning. It's great to see that the shareholders are kept up to date with news be it good or bad - a sign of professional management. Onwards and upwards from here.

    Yeah we've had two very important released in the past two days. I must say, the GGE announcements are up there with the best that I get from companies in my portfolio. They always spell it out and don't leave any grey area to speculate about what is really going on.

    Does anyone think the SPP price will be reconsidered or will it be kept at 1.5? If it's going to be kept at 1.5 there's some awfully good buying atm IMO.

    As long as things go to plan from here, I think the flow rates from well 1, and the eventual spudding of well 2 should get the share price above 1.5cents in the next few weeks. Therefore I am thinking the SPP close date will be pushed back two or three weeks and we will have the same placement price of 1.5cents.
 
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0.6¢ 0.6¢ 0.6¢ $1.107K 184.5K

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2 17138 0.6¢
 

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0.7¢ 1449825 7
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