GGP
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0.00% 0.6¢ golden gate petroleum ltd

share consolidation - whats the chances?, page-7

  1. Whisky49
    13,525 Posts.
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    16/12/11
    10:41
    Post #: 9449027
    Bignote
    Partial land sale is the last thing you need there are two things you need in an oil company its revenue and increasing reserves to make up for depletion.

    Selling land means we need to find more to replace it. If this company is going to be as good as I think it will be it will be buying more land when its in a position to.

    Cheers Whisky
    GGP Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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