GGP 0.00% 0.6¢ golden gate petroleum ltd

ig / question to acerage, page-2

  1. 1,170 Posts.
    Oldprospector
    I might be able to answer, at least in part, your questions and Acerage can correct if I'm wrong.

    In relation to the quote you mention we have it as a consideration and will address as and when we have time.

    Is the ball still rolling?
    Yes it most definately is. We have continued to work from the end of the EGM through Christmas and New Year on a lot of different ways to achieve an outcome that has all shareholders interests at heart.

    Most of this has been looking at various funding opportunities. We have spoken with people and organisations who can provide various instruments from $3mil to $50mil. However I must stress that we are not representing the company (GGP) and if there was interest from GGP we would be happy to assist subject to our primary requirement of two board seats.

    The Half Yearly is due out soon and and I am concerned as to the company's cash position.
 
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