mick,
well as I said,
GDN had to hit the ground running every step of the way to support a pricey market cap compared to its poosible future revenue streams that I calculated on this thread...
and because of that, making GDN a bad risk return investment...
even wih 5MMCF this company will struggle...
If you have to produce strong flow rates for one year, just to pay for the well, then you are in trouble...
these are deep, expensive onshore wells to drill...
I hope it ends up ok...
The future of onshore US does not look pretty...
bad region to investment...
let this be a learning experience for you all...
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