Hi Goldy, I have started to work on some new figures and I can tell you that since my April posting changes to the spot price, shares issued, and the falling dollar have more or less evened out. ie the estimates for 10mmcfd/d have not changed very much and are in the middle of the range you just quoted.
I am pretty sure though that my in-ground estimtates where a touch higher than what you quoted below. There's little point in posting revised figures just yet - I'll wait until we have something concrete by way of flow rates. I might even have a crack at an NPV...
Cheers,
-Disco
GDN Price at posting:
10.2¢ Sentiment: None Disclosure: Held