GGP 0.00% 0.6¢ golden gate petroleum ltd

fnn interview, page-17

  1. 2,614 Posts.
    SG extremely upbeat and positive
    He said 3 of the 6
    " Will be extremely cash flow positive"

    The other thing is only 5 have to be drilled. FP#1 is already drilled and only has to be tested and optimized

    I agree with him completely when he says they have been undervalued because of a market misunderstanding that FP is its only project when in fact they are geared up and fianced for 6 projects in 6 months.

    There is no basis for GGP to have any price correlation to FP at present.
 
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