I am interested in what you like about GPP other than you...

I am interested in what you like about GPP other than you wanting to buy more at $0.001!

As at the quarterly Cashflow report for period ending 31st March, the company had cash and cash equivalents of $357,000 with an estimated cash outflow of $680,000 (a negative of $323,000) Subsequent to the end of that quarter the company has received $125,000 (confirmed) and an further $125,000 (unconfirmed) that was due of the 3rd July, making cash and cash equivalents (for the period to the 30th June) still with a negative cash balance of $83,000. The "tranche" 2 payment of a further $125,000 is not due until the 31st October! I am sceptical that "Gasfields Limited" (ASX:GFS) will be able to fund the further tranche payments as their last quarter (to 31st March) cash and cash equivalents was $7,000 (not a typo) with estimated cash outflow of $500,000. Personally their finances look in a mess (IMO) and have been loaned money from a director, but also have some outstanding finances and remain in suspension. GFS finances may have been the reason the DAR was amended (IMO)
https://www.asx.com.au/asxpdf/20190611/pdf/445rkdy6pcv0gd.pdf

Funds raised from the SPP and underwriting placement + (approximately $700,000 less fees) leaving a cash and cash equivalent of $617,000 (my estimate) Unless they have cut back on corporate/staff costs and/or any more exploration work in the quarter, you would think that the estimated cash outflow for the quarter to 30th June would be similar ($600,000)? If it is, then not much left to run the company with only $20k left in the kitty, all based on estimates with available information contained in company announcements!!!

IMO, because with GPP's current cash position I can see another Capital Raising (considering their (poor)history to be able to raise funds, good luck) in some form or other to:
1: The company need funds to pay for the option over "The Golden Ant Project"
2: The company concluded some drilling at the Lincoln Springs (Co & Cu) project but have yet to announce what they are going to do with it, other than considering future work programs!! Lack of funds??
3: Exploration Target defined at "Golden Cup" but the company is still completing its "Due Diligence" BUT, after rattling off it sell of "historical" results goes on to say that to test the exploration target they would need to do a 60 hole (4,800 metres) drilling campaign. The confusing part of the statement that it could be completed in a 6 month period once commenced!!! Seriously, 6 months to drill 60 holes = 10 holes a month and again, funds will be needed for any drill campaign!
4: Exploration Target defined at "Camel Creek" "as above" the company is still completing its "due diligence" and again, rattled off some historical data, including the last drilling at Camel Creek was in 1995. As above, to test the exploration target they would need to do a 70 hole (6,000 metres) drilling campaign that could be completed in a 6 month period once commenced. SMH MORE funds needed! I shudder at some of the wording in the announcement though -- "The +1 klm of shallow pit mining at Camel Creek is impressive in scale and in addition Greenpower considers the limited drilling beneath previously mined open pits to be very encouraging from an exploration upside point of view."
Remember Morabisi and the words scale and encouraging
5: Exploration Target defined at "Big Rush" another as above moment with the company rattling on about historical data, blah blah (same same) different area, still doing due diligence, and to test the exploration target they would need to do a 80 hole (10 metres) drilling campaign that could be concluded in 9 months once commenced, more funds needed!!

I wouldn't be holding my breath for any of this to start in the short to medium term (if at all) remembering that the most recent SPP (Share Purpose Plan) was to provide funds for Lincoln Springs, Julia Creek, OHD and working capital. Entering into an option agreement for the "The Golden Ant Project" was never mentioned, not surprised though ..... it is more a Modus Operandi of chasing their tails with share holders money, looking to get lucky with something.

cheers
over to you @rvajna show me what makes you like this company........