Morebull,
I agree GGP is the primo of the bunch and possibly GGE is where GGP was a few years ago but they have cash in the bank somewhere in the $5-6 mill mark.
VIL on the other hand IMO is broke, hanging onto SD to save them really is a shot in the dark.
You have to admit paying large $ for small % with nothing really to show for it does not give one confidence in VIL. I am really not happy to be a partner with them.
I am half expecting that GGE may take on a partnership at Silverwood. Last info from SG was that an updip there was being considered. IMO its worth another drill due to its history being over-pressured.
However you have to look at the farm-in with NV to get a picture of what might be offered to a smaller partner.
Many possibilities spring to mind and a Major oiler IMO would make GGP look more legitimate in some eyes.
- Forums
- ASX - By Stock
- GGP
- Ann: Cleansing Statement and Appendix 3B
Ann: Cleansing Statement and Appendix 3B , page-27
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online