GGP 0.00% 0.6¢ golden gate petroleum ltd

Is this announcement instead of or as well as the CR?I note the...

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    Is this announcement instead of or as well as the CR?

    I note the 1.7c per share offer to shareholders still stands.

    If it is instead - it is great news... if it is as well as - why do they need all this money so quickly - are the wells that good??
 
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Currently unlisted public company.

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