Can anybody offer an explanation for this cocktail?
Remembering that GGP has had a long association with Passe.
To me it's starting to look like a game of musical chairs and more so particularly after todays FP ANN.
VIL to me appears to have very little cash and no production and prepared to issue script like confetti.
Passe was at one stage was going to join GGP but is now merging with VIL for script alone. Why one might ask.
AUJ has some cash with no production to date and IMO banking heavily on Silverwood.
I recall an email I got from SG some time ago stating that investment companies can't survive in the oil and gas exploration business in the current financial climate.
Anyone care to comment as I find the current situation very intriging?
Can anybody offer an explanation for this cocktail?Remembering...
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