GLL 4.55% 2.1¢ galilee energy limited

Ann: Notice of Annual General Meeting and Proxy From, page-6

  1. 1,118 Posts.
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    Pak, what pipes? and connected to what? There is a not commercial flow after years. I'm no expert that's for sure but have been invested in gas for many years and learnt a little along the way.

    My understanding is if they manage a flow rate that is just viable commercially - at low levels they may literally need a ludicrous number of wells, plus it's deep and a little isolated. so it simply may not be viable for development - period.

    Again- I don't like to see anyone lose $$ - well at least not retail investors. But at this stage it seems they are a bit of a laughing stock (no pun intended) in the industry.
 
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