GDN 0.00% 1.7¢ golden state resources limited

crying :~( loosing alot of money with gdn, page-26

  1. 1,209 Posts.
    (Panda7)

    they will probably do a placement in december - the shareholders will be the wingers then

    and then they will probably do another one early in the new year

    how many share placements do you think is needed to drill one more well and remember each share placement is at a 20% discount

    get a calculator and work it out
    their well cost is about 8.5 million per well
    work it out yourself then you will have your answer

    all imo

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