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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-21

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bevter

26,038 Posts.

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02/08/23

09:06

Post #: 69110315
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Originally posted by SpiderMonkeyZ ↑

Its a bit of a mute point Paradox unless GGE can get their wells to flow at a commercial flow-rate. Still it is one of the attractions of GGE to be able to monetise quickly due to their proximity to the Paradox/Lisbon plant.

In terms of Chapter 11 in an extreme case Lehman Brothers filed for chapter 11 and eventually it ceased to exist with assets taken over by Barclay's etc.. Large companies like General Motors, Texaco, and Marvel Entertainment have all successfully emerged from chapter 11. In the case of Paradox if GGE get the helium to flow it can at least potentially revitalise the Lisbon plant for them..

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Lehman Bros was allowed to fail because it wasn't part of the Cabal.
Then they bailed out the ones that were at enormous cost to the taxpayers
because they were "Too big to fail" LOL This show is longer than Days of our Lives.

GGE Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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