GDN 0.00% 1.7¢ golden state resources limited

$1.20, page-11

  1. 2,913 Posts.
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    Won't go to $1.20 unless all the planets are aligned.
    Not really commercial unless Paradox 2 is successful, and or Paradox 1 is reworked.

    Will possibly take years to pay off all the money sunk into this project.

    It may become a great asset one day, but a lot more money is required.

    This could be a great commercial success, but could be yet another high cost gas field that is uneconomic to develop at current gas prices.

    Time will tell.. Needs some big flows to make economic sense.
 
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Currently unlisted public company.

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