Burn Baby burn??? And we all thought it would be gas not cash!!!
Who would have thought 9 months ago with a rig on site, the "as good as it gets" hole been churned out, that today the GDN management are in a position whereby they only have enough cash to pay wages for the next 12 months. On that balance sheet even with the creative accounting measures, just wondering what financial institution would be offering their hard earned to GDN to poke another hole in the ground let alone look at this companies record of mismanagement on and off the field??? 4.4 appears to be a great out but one would be hesitant to use those immortal words of "as good as it gets!!!"
Goodluck holders, but were to from here???
Cheers
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