GTE 5.13% 3.7¢ great western exploration limited.

another buy endorsement from tradeideas, page-24

  1. 571 Posts.
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    hi Merv

    can only be a positive for explorers in the region, I guess the biggest problem for explorers is always cash and in the current climate , the results have to be better than normal to sustain agressive drilling with the cash burn. Dont get me wrong i think the region could be pandoras box , but the near term value for us GTE holders looks to be having a strategic deposit near china ,should imagine lots easier for getting funding if you have some proven reserves

    put it this way I am excited about us having doolgunna in our back pocket though ,I am sure if we can resolve current deal in progress ,it will make future decisions on doolgunna alot easier

    IMO DYOR
 
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