GGP 0.00% 0.6¢ golden gate petroleum ltd

NB,"12months is a long time to achieve nothing"... and how many...

  1. 14,245 Posts.
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    NB,

    "12months is a long time to achieve nothing"

    ... and how many millions of dollars has it cost to achieve nothing?

    ... and how much has shareholder value been destroyed by relentless dilution?

    "They really need to nail a couple wells. Show that they have learn from mistakes."

    You would really think, with such a highly paid Managing Director, there wouldn't be this many mistakes ?? .. IMO

    FIVE WELLS - all under performing IMO, despite ridiculously lengthy "shut in for test well" periods.

    I know, I'm banging the same old drum again, but I just can't understand why it all went so horribly, horribly wrong.

    I guess the legal issues haven't helped the SP, but the Operational blunder of these five wells is inexcusable IMO.


 
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