Ahhh mate it just gets better with GDN..... Better be higher production volumes than stated sofar or else the SP will suffer!!
The draft study report has been received and is undergoing review by the Company. Indications are that inconsistencies are contained within the production and testing data provided by the testing contractor. The company is currently seeking further information from the testing contractor and until the validity of the production volumes has been independently substantiated, the economic case for full production from the wells in their existing state remains inconclusive. The company will not make final economic decisions in relation to gas facilities and pipeline connection until the report is concluded.
GDN Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
