Scott, they look like blunt knives but waiting sounds like a plan:
D&L3 looks stable at around 75noed for gge. Enough to pay the low costs being managed well
WK from Sonris - COMPLETED 5/9/13 AS A GAS WELL IN THE LORIO RC SUA RES;PM F 2138 MCFD; 24 BCPD; 3053 FTP; 3254 SITP; 600 CP; 12/64 CK; 89090 GOR; 50 GRVTY PERFS 10938-10942' (ST: 36) - by my calc's thats around 100boed or 10boed for GGE
Hoping the WK rig is going to travel south to visit Desire
Cons might help slow down the massive $2.84 sale last week and $34 today :)
Two main issues for me are : 1/ overall market sentiment at the moment, all the others are getting hit as well so whatever is going on is not a GGE specific concern imo 2/ Ongoing management of operations whilst accepting there is a sinkh a few km's away. Personally I thk they are doing a good job on this front. Stay Safe Bw
GGE Price at posting:
0.5¢ Sentiment: LT Buy Disclosure: Held
