Some are missing the clues here before their noses nowMany...

Some are missing the clues here before their noses now

Many aspects of this oiler are at long last lining up, and it's called peaks and troughs people, they now have embarked on a new game plan and they need the $$$$$$$$$ to unlock the goods, both in Texas and Louisiana

Comments such as "saving another investor" doesn't wash with me as I find everyone is out for themselves and have noted from past posts that the ones who make these sorts of comments are bobbing their heads up in the same stocks they are saving others from

This credit facility is tops and will probably ensure that 100% of the goods are retained by our co, some highlights from today's ann:

The board of Golden Gate Petroleum Limited is pleased to announce the signing of a term sheet for an AUD $15 Million, 3 year Equity Funding Facility with Centurion Private Equity, LLC ("Centurion"), an institutional investor managed by Roswell Capital Partners, LLC ("Roswell") based in Atlanta, Georgia, USA. The funding was arranged by the principals of C4 Capital Markets, LLC through their registered broker dealer, Intellivest Securities, Inc.

The term sheet is subject to

(i) the parties entering into formal agreements setting forth their respective rights and obligations,

(ii) the completion of due diligence on the Company's business to the Investor's satisfaction and

(iii) the receipt of all necessary regulatory approvals for the facility.

This Equity Funding Facility may be terminated by the Company without penalty and there is no non-usage fees associated with the facility.

The facility does not prohibit the Company from entering into any other capital raising transactions.

Paul Gorski, Senior Investment Officer at Roswell added: "We are very excited to be working with Golden Gate and look forward to providing the company with capital and support to help them achieve their commercial potential in the coming years."