GDN 0.00% 1.7¢ golden state resources limited

Ann: Activity Update , page-77

  1. 1,417 Posts.
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    sandlion

    Appreciate your experience. What would you take from this comment in the July 14th announcement?

    "The company will now proceed with finalising the pipeline right of way and is seeking tenders for the provision of the gas plant and the pipeline. The initial plan is to place Paradox Basin #3 and Paradox Basin #1 on production via a pilot plant to confirm that production rates can be sustained. The pilot plant will provide the company with an income stream while confirming the longer term reservoir behaviour."

    This may sound stupid but is it possible that the pilot plant will be used for storing and trucking gas while the pipeline work is being finalised?

 
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