GGP 0.00% 0.6¢ golden gate petroleum ltd

visible facts , page-5

  1. 6,029 Posts.
    Hi Brad

    I spoke to the company last week.

    Obviously I was unable to gain any of the details you ask, but I very much got the impression we must focus on the announcemnent points I posted the other day in ( Changed view thread)

    As for cash burn, we raised $9 mil for the well program, but the programm has been slowed daramatically

    6v and 4h were to cost around $18 mil, so I suggest we still have coin in the bank

    If they are in negotiations with a JV partner, any new flow rates or fracc tests would now be held "incofidence" with the parties involved

    My opinion only
 
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