GulfSlope Energy Inc (GSPE)

[spec machine]

One of the development strategies mentioned in GSPE filings is a monetization of a discovered asset (or a portion of it) - latest 10-K pg 5

So a discovery in one or both of the current drilling schedule (Canoe and Tau) could lead to a cash sale of GSPE's working interest to fund a larger drilling exercise with GSPE holding all or most of the resulting value

In effect, that would be a multiplier of eventual shareholder value compared to the current terms of the initial round of drilling

just something to keep in mind as it changes the value proposition quickly if there is a discovery at Canoe and fast-tracks a more expansive move forward

spec