discodaddyI reckon you have hit the nail on the head there. I...

discodaddy

I reckon you have hit the nail on the head there. I suspect they have sufficient funds earmarked to carry out this well.

GDN does have a track record of priming the market by using shills like Pro-Active Investors to release positive spin on their prospects. I'd be surprised if they did not do it again, timed to co-incide with the announcement of the spudding of PB3.

The next thing will be an "Investor information presentation" event where RdB will be trotted out to talk up the prospect and how well the drilling is going.

Then don't be surprised if they announce a capital raising scheduled to roughly co-incide with reaching the drilling target depth.
JMHO