GDN 0.00% 1.7¢ golden state resources limited

bear trap, page-18

  1. 6,936 Posts.
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    Cheers Goldfinger!! Thanks for clearing that up.
    bazzle now you know why i was on about the permitting...
    If it had been granted then Para 3 is only a bonus as they intend to connect the others anyway to the pipeline.
    They may have changed their plans etc.
    Sometimes small bits of info that are very important get overlooked......
    Now as i suspected we will have to wait for all the flow testing to be completed and then depending on what they get they may re/enter the other two wells before we have enough to connect to the Williams pipeline.
    We need substantial flow rates to connect immediately or it will be a bit longer otherwise..
    This is an important point as shows why the standoffishness to buying at the moment with no mention of gas today in the announcement.
    Today certainly was not a stop raid as the price usually dips and recovers quickly as buyers and the instigators jump back in.........
 
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