option question , page-18

And finally, can posters stop analysing GDN as if it was ANZ or BHP. It has hardly any money left. What money they do have (say 25 mill) has been spent on drilling. This company has no future beyond the results of this well. We know that. Their first drill broke down, their md is a real estate guy etc etc. But you know what, THEY know that as well. As soon as volume drops off by say 4mill, there will be no time for anybody to offload their shares/oppies. No time for anyone. Look at their ann frequency! They know this! It is truely make or break. So for those who don't like the oppies, maybe you should stay away from the shares.