GDN golden state resources limited
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What can they do? They daren't do a 72hr flow test, 'cos they...

  1. jantimot
    30,924 Posts.
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    10/08/10
    14:37
    Post #: 7003044
    What can they do? They daren't do a 72hr flow test, 'cos they would have to report, and then the cat would be out of the bag.

    Proving up a big resource on the current data and hoping to get a farm-in is their last hope IMO. But the farm-in partner will want to know about flow rates. However, if they go the farm-in route, they could apply for a suspension for a few weeks whilst the details (and the flow rates) are hammered out.
    GDN Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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