If GRK can get the $4 million from the options, then they can combine that with the $3.4 million that they already have in order to get a $5 million grant from the Federal Government to drill a couple of wells. If they can get a JV partner to contribute some more funding they can then get another $5 million from a REDI grant.
I agree hybiepoo, GRK will ride on the back of GDY’s success in the Cooper basin.
GRK Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
