As usual there is no information forthcoming from GGP re progress on Acosta Testing or Jumonville-2.
(Smaller) Shareholders obviously do not count for much.
J-2 should be near half depth, if was spudded on 25 Dec 2008 - would this progress not be significant?
Ann on 6 Jan 09 stated that Acosta Perforation & Flow Testing of the Miogyp formation was to have commenced by the "end of the week" - ie the week ending 10 Jan 09.
Is 9 days needed for testing or is GGP being very conservative in their evaluation before making an Ann?
The sell down in GGP continues.
GGP Price at posting:
14.1¢ Sentiment: Buy Disclosure: Held