Australian (ASX) Stock Market Forum

GGX - Gas2GridLimited

Joined
5 June 2007
Posts
1,045
Reactions
1
:)

Hi folks,

GGX ... expecting significant news on 16042008 and then our
time cycle analysis suggests:

3104-01052008 ..... positive news expected.

16-19052008 ..... positive spotlight on GGX ..... :)

21-22052008 ..... positive aspect ..... finance-related ...???

16-17062008 ..... more financial stuff ... like raising funds ..... ???

25-26062008 ..... significant and negative cycle expected here

08072008 ..... minor news expected

09-10072008 ..... minor and positive

18-21072008 ..... minor and positive light on GGX

25072008 ..... minor, but positive news expected here

..... and August 2008 is looking volatile for GGX:

01-04082008 ..... negative cycle due

08082008 ..... significant and negative news expected

13-14082008 ..... postive cycle here

18-19082008 ..... negative spotlight on GGX

26-28082008 ..... 2 cycles here, should bring positive news.

18-19092008 ..... positive spotlight on GGX ..... :)

have a great weekend

paul

:)

=====
 
:)

Hi folks,

GGX ... no news yet, but candle pattern made a morning star, ahead
of more positive news/moves, expected later this month ... see time
cycles detailed in post above ..... :)

..... up 9.5% today on very low volume.

have a great day

paul

:)
 
people jumping into the action today. up another 16% atm. 4 onshore oil projects on the books with kate to spud around may 16th apparently. kate is an anticline seeping oil approx. 50km north of christchurch in n.z..
 
Morning all.This is an interesting spec play,in mid may spudding KATE well NZ.What intrigues me is the fact that oil seeps to the surface in several places around the dome they are drilling.This indicates presence of hydrocarbons and possibly its under pressure and forced to surface.Reminds me of hardman drilling in uganda,oil was seeping to surface there and they hit oil with first second and third well.May come up empty but for me, im in.:2twocents
 
hi henry, it's certainly an interesting story and even if Kate is long odds it has the potential to capture the punters' imagination and wallets....looking at the market cap around $10m and say 10-15% chance of success it looks like an exciting bet (not factoring in their other projects). We will see some action on Kate in May, should see a lot of volatility!
 
Hi folks,

GGX ... expecting significant news on 16042008 and then our
time cycle analysis suggests:

3104-01052008 ..... positive news expected.

16-19052008 ..... positive spotlight on GGX ..... :)

21-22052008 ..... positive aspect ..... finance-related ...???

16-17062008 ..... more financial stuff ... like raising funds ..... ???

25-26062008 ..... significant and negative cycle expected here

08072008 ..... minor news expected

09-10072008 ..... minor and positive

18-21072008 ..... minor and positive light on GGX

25072008 ..... minor, but positive news expected here

..... and August 2008 is looking volatile for GGX:

01-04082008 ..... negative cycle due

08082008 ..... significant and negative news expected

13-14082008 ..... postive cycle here

18-19082008 ..... negative spotlight on GGX

26-28082008 ..... 2 cycles here, should bring positive news.

18-19092008 ..... positive spotlight on GGX ..... :)

have a great weekend

paul


=====

:)


Hi folks,

GGX ..... with another positive cycle coming our way 16-19052008 (see post above),
there may well be a contrarian play here, especially, if the selloff
continues tomorrow (Thursday) .....

..... this happens quite often, where lows will be made, just
before the next positive cycle and similarly, highs are made,
just before the next major negative cycle.

happy days

paul

:)

=====
______
 
:)

Hi folks,

GGX ... as expected, a nice hammer formed on Thursday,
as buyers moved in, just ahead of the next positive cycle,
due to appear over the next couple of trading days ... :)

..... ticking up nicely today, as well.

have a great weekend

paul

:)

=====
 
Hi
How do You think it will be in may-april? Up or down? I think lower than 20 % is nowhere to go. The chart shows the lowest point in 3 years is 0.037 aud. Is someone playing this?
 
Hi
How do You think it will be in may-april? Up or down? I think lower than 20 % is nowhere to go. The chart shows the lowest point in 3 years is 0.037 aud. Is someone playing this?

the disclosure from the company last week was pathetic...I have lost faith in their competence when we have to rely on updates from the other partner for news. Furthermore it was sold down in the morning prior to the duster announcement. Should have been in trading halt most of last week to prevent this kind of thing.
 
hey guys

It was a good day for GGX. It is up 15% today with no news!!

Anyone have any idea's why??
 
GGX

Anyone watching this stock? Looks like it might be making a run today. Up 32% on increased volumes. Does anyone know about GGX?
 
Cough, cough.
Dusty thread, old stock that hasn't died ?
Casino style odds or better?
Dunno. A potential PFC candidate, if it indeed pops.
 
Cough, cough. Dusty thread, old stock that hasn't died ?
Casino style odds or better?
Dunno. A potential PFC candidate, if it indeed pops.
It got an ASX speeding ticket, so something's afoot.

This stock has been around for yonks, so long it predates the ticker update; otherwise it would have ASX code G2G ?
 
12th January, 2021

ASX Market Announcements

UPDATE ON LEGAL CLAIM RE ST GRIEDE PERMIT IN FRANCE

In early January 2020, the Company lodged at the Pau Tribunal, France, a claim of €34.35 million
(approximately A$54 million at current exchange rate) for compensation against the French
Government.
This claim is in respect to the damages caused by the French Government in unlawfully refusing, as ruled by the French Courts, to renew the St Griede conventional hydrocarbon exploration permit in accordance with the prevailing mining law.
In November 2020, the Tribunal has allowed until the 2nd January, 2021 for the French Government to submit their defence to the claim.

We have been advised, early this morning, that the French Government has not submitted their defence to the claim by the due date.
Yesterday, the Tribunal has decided to set the “clôture de l’instruction” on 15th February, 2021 at 12:00 (closing for instruction to the Tribunal).
Any possible submissions to be received at the Tribunal by that date in accordance with the “code de justice administrative” (administrative code of justice) of France.
While the Company believes it has a good chance of success, based on legal advice, the outcome and timing for determination of this claim are uncertain.

If only my wife was Morticia Adams, eh @qldfrog ?
 
Was thinking (speculating) about a market revalued SP after the announcement.
Speculation on the potential theoretical intrinsic share value if indeed a +$50 million compensation figure is paid;
I figure speculatively range around 2.5 to 3.5 cents per share depending how it's calculated.
Have got my fingers crossed !

A 5 year chart, ugly looking eh ?! (except for now)

Screenshot_20210112-112055.png
 
Was thinking (speculating) about a market revalued SP after the announcement.
Speculation on the potential theoretical intrinsic share value if indeed a +$50 million compensation figure is paid;
I figure speculatively range around 2.5 to 3.5 cents per share depending how it's calculated.
Have got my fingers crossed !

A 5 year chart, ugly looking eh ?! (except for now)

View attachment 118246
Rol

France paying $ to a foreign mining company based on french judge ruling..you can dream lol but good time to get out if the sp rises in a big win anticipation.
 
Will do, might be a long time if/ for any compensation though...
A speculative long shot.
Could have sold at 100% profit today, but double stuff all is only a little better than the stuff all near minimum order that I bought !

Dreaming of 3 cent sell... 3 years?
lol
Sell now, buy same number next week at a discount
 
A speculative long shot.

Fair dinkum FR ... Next thing you'll be buying Shares in KP2 .... Who would be that crazy! :jimlad:

This is an interesting one ... Not quite as long as War and Peace but been going on for a while.

Quick glance:

Market Cap $4 million (maybe $6 million after today?)

Cash on hand around $280,000 but only burning around $30,000 per quarter while the French Revolution is still happening!

They also have $3.5 million still available of an existing Credit Facility (Originally $8.7 mil ... drawn $5.1 mil)

So basically, if they can hold the fort till the Frenchie's surrender, they can last another 81 Quarters !!

If they get the $50 million payout, I estimate 10X the current SP at 2 cents in cash value alone.

3 cents looks doable Rock, as long as all the French ducks fly West instead of South for the winter.

If its a small wager, put it in the bottom draw and revisit when you are my age ... You may well become a millionaire:wheniwasaboy:

Its fun trying to pick the diamonds in the dirt?
 
Top