GDN 0.00% 1.7¢ golden state resources limited

financial aspects gdn

  1. 26 Posts.
    1.5 mmcfd or 2.5 mmcfd what's going to change regardless is

    A) GDN go from explorer to producer (this alone changes a lot)

    B) Asset is realised

    C) With the company actually having an income, this will open many doors to financing etc regardless of how long it takes to earn back the $$ from the drilled wells.

    D) if the company do finance and negotiate a cheap rate to drill many wells, the SP won't be capped by placements which would probably push the oppies over the line before November, then pay off the finance... or drill another 20 wells.

    1 mmcfd, 2.5 mmcfd or 8 mmcfd as long as GDN are getting sales at the farm gate and have a cash income this will be the turning point, and yes the big boys will push this stock higher!

    I think some of the long term holders have been in a dark tunnel for so long they're afraid now they see a light ahead.

    It may not be the fairy tale instant millionaire factory some were hoping it to be, but all good IMO, this is most definitely a hold for me.

    P.s great scale rubik

    500000 = $3000 per day
    1000000 = $6000 per day
    1500000 - $9000 per day
    2000000 = $12000 per day
    2500000 = $15000 per day = PA $5,475,000.00 = doors open


    Cheers,
 
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Currently unlisted public company.

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