GGE 20.0% 0.4¢ grand gulf energy limited

we have oil!!, page-59

  1. 1,482 Posts.
    If it goes under, the Bank and the directors will be some of the first to get their money back as the tenements are worth several million dollars. It will just be onsold and they wont be much out of pocket at all. So I think there risk is quite low in the big scheme of things.

    It is us little folk that will be hosed over as per usual.
 
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