GGP 0.00% 0.6¢ golden gate petroleum ltd

looking good, page-39

  1. 4,494 Posts.
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    Dare I say this but I will lol.

    I was always a bit cheesed off that VIL had 50 percent and we have 20 percent, the other 30 percent went to Pass Petroleum. And GGP does the drilling. I would like to see the makeup of VIL, and more to the point who holds the stakes. However it's likely the other 30 percent of Pass will end up with GGP, perhaps a 1 for 1 share deal or similar. Anyway the 20 percent is still great to have, but I've learned that if you hold a minority stake you always don't rise as much as the other partners even taking into the account the percentage differences.

    Still very glad I hold GGP. Hope we end up with 50 percent of Silverwood.
 
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