GFS gasfields limited
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Flow test, page-140

  1. gordon2
    5,575 Posts.
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    27/02/18
    08:27
    Post #: 31366258
    Mc D,
    With respect, we can’t get this one completed. Where are we going to get the cash to start drilling the next one. Another couple of years, another billion shares issued, value = 0011 cents per share.
    I do not suggest there isn’t gas in Victoria/SA. I just can’t see it happening till well after the consolidation so they can dilute the SP through the issue of more shares.
    Cheers
    G2
    REL Price at posting: 0.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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