GGE 33.3% 0.4¢ grand gulf energy limited

Ann: Jesse-2 Well Site Nearing Completion for mid-March Spud, page-26

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  1. 117 Posts.
    lightbulb Created with Sketch. 35
    Good work SpiderMonkeyZ.

    What are your thoughts on the current share price.
    We have not seen the increase we did last time following the announcement on a date to spud.
    Based on your calculations success should see this comfortable with a market cap of 100 times what it is now.
    The market is either not taking this into account or sees the prospect of success very slim indeed.

    I am struggling to see why the SP is so low it makes no sense to me.


 
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