re: funding habanero 3 contienda mooomoooASX announcement 30 Oct...

re: funding habanero 3 contienda mooomooo

ASX announcement 30 Oct has the info you request.

I've stated before, I don't hold GDY, I consider it has great potential but I think the short term will see the sp drifting back towards 70c; others say 80c. They could be right but we agree on the direction. I was surprised when Geodynamics hydraulically fractured the thermal reservoir before drilling the second well for reasons I've stated in previous posts but I am cautiously hopeful about their next attempt. The heavier drill combined with the use of dense drilling mud will at least give them a better chance at getting the production well to the target depth. More disasters like Habanero 2 will put the sp into free fall.

At the risk of being patronising, I suggest you take the time to read their ASX notices. DYOR is the acronym for "Do your own research," and that's what it means.

DYOR

Opaline