I do not believe the AGM stated a figure of reserves - this figure of 440 bcf has been an integral part of GDN management planning and is constantly referred to in its scenario planning.
Referencing the scenario planning is likely.
As an ex finance reporter and analyst, it smells wrong.
My guess is that the 440 scenario which is considered the most likely was referred to given results todate.
That we have a likely commercial producer is not new - status reports for weeks have signalled this in black and white.
What is new is that Leadville etc results still look like two weeks off.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
