RE: Great Eastern Energy Corporation15 Mar 2024 17:13
I'm well thanks Troy, you too I hope
Thanks for posting the article, it is indeed encouraging to read that Gail's pipeline will finally be completed.
I am looking forward to seeing their FY23 results when released in a few months. For FY22 they made $3.16m or 5c/share then in the following 6 months to 30 Sept 23 alone they made $2.67m or 4.5c/share, so would be great if that keeps up for the remaining 6 months of FY23 with $5-6m or 9-10c/share for the full FY23.
The financing of shale will be an interesting problem to solve. They obviously have some ideas and must have had some discussions with potential partners. No news releases of course, it would be nice if they would provide quarterly or even 6 monthly updates.