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0.00% 1.7¢ golden state resources limited

I think everyone agrees that the resource (gas) is there. RPS...

  1. discodaddy
    331 Posts.
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    15/02/10
    18:43
    Post #: 6333262
    I think everyone agrees that the resource (gas) is there. RPS Energy has independently confirmed this.

    This drill is not so much about finding gas, it is about whether they can pull it from the ground at a reasonable cost. My view is that the SP won't rise dramatically until they have proven this. Happy to be proven wrong though.

    Cheers,

    Disco
    GDN Price at posting: 11.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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