GDA 3.70% 26.0¢ good drinks australia ltd

wallal downs is important to gda, page-10

  1. 3,267 Posts.
    Interesting market reaction to the Epsilon (EPS) announcement yesterday that they had a magnetic anomaly on the Pilbara coast near Port Hedland which is 8km x 2km by .4km.
    Gondwana's magnetic anomaly at Wallal downs is 25km x 2km.
    Three times the area. :))
    Anyone care to guess what that might do for Gondwana?
    There was other market info in the EPS announcement and EPS has a small number of shares on issue but the changes to market sentiment and market cap' can be quite dramatic on even target announcements.
    How important do you think the Wallal Downs tenement approval of Gondwana's might be as more information comes before the market through announcements?
 
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