Sat 11:57
Themerlin
Smiffy
21.25
No Opinion
I think you have this time summed it all up in one go. Green dragon have their spin out of the tech part of their business in June around the 10th I read and I think it will be at this time that all will become clear to us. I would imagine they have been focused on this part of the business in recent weeks and there will be a big media splash (with announcement of contracts) that will also cover GDL mid June.
Sat 11:31
smiffy@home
anyone know if the
21.25
No Opinion
jobs for grekas expansion in india advertised 4/3/13 have been filled ? Didnt i read somewhere that initially it would commence in june for 10 rigs ???? Hoping by now they have filled posts, got contract on the way ???? and arranged offices ??? as its now nearly june. Mailed investor relations with some questions, for 4th time, no response yet... but maybe i will get one. I am in long term for this one and believe in it, but, investor relations are poor, and newsflow isnt great. Also, i read an article about GDG, and rendeep grewal stating inc in production by 15 mnths or he may consider options, even a take over... Im having thoughts on greka drilling along the same lines, its gone very very quiet, on the chinese front, 1 month since cnpc well completion. In previous rns on cnpc contract there was a statement on satifsfactory completion it is expected lifibrac would be the chosen methodology for that region, ie 2000 wells !!! Well, now well is complet to clients satisfaction we are told, one month ago, so for me the proof of the pudding now the bench mark of all that has been promised is 'cnpc will be giving greka further contract and if so is lifibrac now the chosen methodology etc' . It seems to me to hinge on the cnpc at the moment. So, now at the back of my mind as it has gone so very very very quiet, is what is to stop cnpc purchasing greka drilling to obtain the patented lifibrac method that greka owns ? A take over ? This is just a thought i have been having, anyone else have any thoughts on this ?? Also some very strange goings on with sp, lots of automated trades every day, and it feels the price is being held. So to summarise we await contract from gdg for 150 wells ?? india contract and expaqnsion news ?? cnpc contract ? further chinese contracts ? rig order rns ?? or.. take over ?? good weekend all :) this isnt a deramp or a ramp, so dont start with the slating my post !!! these are just my thoughts, i am very pro gdl :)