GDN golden state resources limited

all still rolling along, page-49

  1. 326 Posts.
    blokes that would be the minimum 1.5m, could well be higher rick said it could be anywhere between 1-2m for PB3# plus PB#1.

    Rick said 500000 cubic feet a day would return $3000 a day
    based on this PB#3 will be 2.5 years for its rate of return.

    regarding the options, to be honest and I have 4m I dont think they will be in the money.they do not have the cash to complete pb#3 and will have to do another capital raising.





 
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