Hi there Warren,
This blow-out really doesn't mean that much to GGP when one considers the big picture and GGP's involved costs.
The nitty gritty at the moment is Silverwood where GGP has a larger cost exposure and a larger return.
When I looked at the projected returns from the JV with GGE it really is little more than petty cash as it stands. JMO.
To me this JV is nothing more than another FP where the possible return is quite small unless results far exceed expectations.......and I guess we can hope for that. LOL
I would think SG is endeavoring to create cash flow to enable a greater % participation in future projects.
The Passe situation I find intriguing also.
There sure are what one could describe as incestuous relationships at work here.
Anyway.......how's your toe?
- Forums
- ASX - By Stock
- GGP
- news
news, page-35
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online