IF this well flows substantial gas with no water problems and the heads SP rises comfortably above 12 cents then $45 million in funding will come through the exercise of the options.
I know there are a number of IF's and the knockers will talk about options just being for trading but I have been in companies before where all the options were exercised. It just depends whether this turns out to be just another speccy stock or a genuine gas producer.
Only time will tell I guess but IMO funding is one of the least of the issues.
GDN Price at posting:
12.4¢ Sentiment: Hold Disclosure: Held