I reckon someone decided that 1.1cps doesn't look good, so they move it up today, parked 10m buy order at 1.5cps and updated the presentation.
When are they going to present it or are they going to email all the brokers?
According to the presentation, POV-1 could actually provide some cashflow with
5.5 mmcf/day = 5500 mmbtu x $2.4 (current gas price) a day = $13200/day or $4.8m a year. Not too bad for a company with MC of $15m
I think this project is good. Plenty of upside from mid-teen.
Similar to WHN restart.
Wal Muir the CEO is actually from AWT International who was the technical person that did the previous OGIP estimates. He knows the area very well.
GDNO will be a hugh play when the well is drilled.
I am getting GDNO at 0.4cps. Very confident that I will get a few bags for this.
JIMO
DYOR
- Forums
- ASX - By Stock
- GDN
- broker presentation
broker presentation, page-10
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)