GDN 0.00% 1.7¢ golden state resources limited

buy sell, page-28

  1. 4,560 Posts.
    lightbulb Created with Sketch. 4
    "mick-keep in mind that drill cost and drill time will come down quite alot in future wells

    and in my opinion the next well #3 will be a horizontal well so i would like to think it will be more than 5mmcfpd"....


    hey mick...
    I hope you are well...
    cost and drill time will increase if they drill horiontal wells... im all for them though, the long term performance will increase... im just not sure that GDN can afford it, and the sooner they realise they have a boarderline non commercial project the better, and certainly a boarderline under performer not worth the risk and cost...
    bye for now...
    happy investing
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.