GGP 0.00% 0.6¢ golden gate petroleum ltd

As the draw downs are "between $100K to $300K per month over the...

  1. 1,170 Posts.
    As the draw downs are "between $100K to $300K per month over the next 2 years" this is a bandaid and is for solvency reasons. I am a ok for debt to equity facilities that are used for infrustructure and business growth but this appears to be for other reasons and thats a different kettle of fish. Later it states talking to a NUMBER of FINANCIERS to me that meens more fund raising.
 
watchlist Created with Sketch. Add GGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.