GGP 0.00% 0.6¢ golden gate petroleum ltd

Motors -"There's been a lot of talk that they are cash flow...

  1. 1,720 Posts.
    Motors -"There's been a lot of talk that they are cash flow positive now!!. Could well 6 be confirmation of that??."

    OK here's an exercise for you 1030 also Motors and bestmuff:

    Compare to GGP to their other partner then who has also Ann'd a consolidation recently and is CURRENTLY AT 0.001 now

    I'm talking about GGE

    GGP CASH FLOW (positive?) = in the future, don't think so

    Figures from both company's half yearly in March 2013..


    GGE
    Revenue $1,967,789
    Cost of sales ($1,065,062)
    Gross profit $902,727
    After all expenses
    (Loss) for the half year ($1,069,620)

    GGP
    Revenue $1,605,134
    Costs of sales ($2,595,916)
    Gross (Loss) ($990,782)
    After all expenses
    (Loss) for the half year ($3,671,284)

    As blind freddie can see GGP needs a lot more income to just offset their last 6 months loss of $3.6 million

    CASH FLOW POSITIVE?
    Need more than words of hope to achieve this

    maybe I'm blind because I can't see it, even with 5 & 6 flowing to market -- $3.6 million loss is a lot to overcome
 
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Currently unlisted public company.

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