GGP 0.00% 0.6¢ golden gate petroleum ltd

Their is still possible asset sale or 'legal restructuring'.I...

  1. 7,746 Posts.
    Their is still possible asset sale or 'legal restructuring'.

    I don't think losing the leases would be end of the world. If the alternative is $3.2mil of dilution to secure another portion of lease, then we really need to produce much more from the new drill or it is counter intuitive.

    But owing vendors is a major concern. You'd assume it is mainly HAL. Could bring the stack of cards down.
 
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