GDN golden state resources limited
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no brainer- going much higher?, page-12

  1. jantimot
    30,924 Posts.
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    13/05/10
    16:00
    Post #: 6692443
    Jetson5, yes, but blokes (or Discodaddies) numbers are wrong. The Henry Hub price is sale of gas at Henry Hub. The average wellhead price for Nat Gas in Utah in 2009 was $3.15. With the forex rate now, that translates to 21c/share value on a fully diluted basis over the life of the 21 wells.

    Assuming all the other assumptions come to pass too.
    GDN Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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