GDN 0.00% 1.7¢ golden state resources limited

all still rolling along, page-98

  1. tcf
    6,861 Posts.
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    Qjumpa
    Since GDN announced it would debt fund P3 development it has had two fund raisings through placements.

    If it was going to raise funds through debt funding why is it continuing to raise funds from the suphisticated ones.

    I hear what you say but GDN management does not do what it says. Anther placement at 2 cents either to repay loan funds or develop something is on the cards again isn't it?

    10 free attached options per 2 cent share. Mmm

    But it won't need to raise funds if there's no commercial development of P3. It will have burnt all its bridges as far as shareholders are concerned.

 
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