re: Ann: App 3Y - Change of Director's In... It was option expiry. But not a good look with little or no skin in the game.
As for wages. Last Qtrly speaks for itself.
Not a good look. Nearly $600k out on turnover of $5mil with a paltry bank balance of $1.5mil. Where has the rest of the money gone?
They seem to be trying to fly under the radar here by keeping cash down in the bank, enough excess shares for them to soak up along the way at minimum cost according to their cashflows and staving off any potential takeover for either the bank cash or the leases. It would be interesting to see the actual lease sizes and access to them.
Like R15 I was half expecting an IP but GGE has gone quiet there. Why are they not pushing for further drilling partners or financiers to grow the business?
T1
re: Ann: App 3Y - Change of Director's In... It was option...
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