GGE 0.00% 0.4¢ grand gulf energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

  1. 671 Posts.
    lightbulb Created with Sketch. 321
    IMO...producing this type announcement and basically laying out all options on the table like in this announcement.

    I believe the Directors will Not do any Capital Raising at these levels. ( because the Directors would've just done the Capital Raising, without this type of detailed explanation announcement )
    I believe the Directors will proceed with the stimulation of Jesse- 1 or Jesse-2, it is the most obvious way to go and create wealth and cash flow for GGE, to do the drilling on Jesse- 3 well .

    Or... maybe look at debt financing once we have a cash flow Happening.

    I believe we will soon have another follow up announcement saying stimulation will commence.

    Thes are My View only DYOR

    256lith




 
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