GGE 0.00% 0.6¢ grand gulf energy limited

Benny, I completely understand your optimism at the moment, but...

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    Benny, I completely understand your optimism at the moment, but let's just take it one step at a time...hence my conservative evaluation.

    As for it being 'only 150 barrels', well there are some O&G companies, and one in particular (LKO) which have searched for hydrocarbons for decades upon decades and found nothing.

    The fact we have found oil in what is the 4th well in this campaign is very encouraging and something to celebrate. It took a while to get the ball rolling, but we have eventually got there.

    I personally wouldn't rule out reserves of 600+ BOEPD if things go as planned with D&L3 and luck looks favourably on us with Mound II.

    Anyways, as I say, let's just take things one step at a time. Some of us bought in at 2cents and I feel we will have to do a bit more of the hard work (raise capital, get D&L3 into production) before we see those prices again.
 
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