thx for the posts@DCE80 You're spot on. Had my eye on this since last Sep Good oil conf, before GLV got involved. One concern i have is whether the drilling budget is a bit light and whether there will be an almighty cf if they hit gas and run out of money to complete drilling, logging and testing . the dynamics of sourcing capital when your balls are in a vice tend to erode equity fairly quickly. And from what can be seen, none of the jv partner entities seem to have deep pockets...on the face of it...anyone got a take on this?
GLV Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
