GDN 0.00% 1.7¢ golden state resources limited

Safferman, you go for your opportunities lol.IMHO the financial...

  1. 254 Posts.
    Safferman, you go for your opportunities lol.

    IMHO the financial prudence attitude of the management has been the biggest contribution to the time period used to develop the show to this point.

    May not mean much to you, but as a longer term holder this is a massive factor in my mind - I love the fact that they have no debt.

    Development of gas fields costs massive funds and I think not enough recognition has been given to GDN for reaching this point without debt - which could have risked financial instability or even insolvency.

    There is no doubt that the directors have not been up to standard in the communication dept, but it appears they are trying to correct that, you have a different spin on that - I am prepared to wait and see.

    You are entitled to your opinion but I like what I am seeing ATM and hope it continues.

    All MOHO - DYOR
 
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