GDN
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0.00% 1.7¢ golden state resources limited

re: gdn...fundamentally undervalued gdn 137,500,000 shares on...

  1. chewter
    121 Posts.
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    15/11/03
    20:43
    Post #: 300551
    re: gdn...fundamentally undervalued gdn 137,500,000 shares on issue

    $6 million cash deal
    $1,118,256 cash(at 30 june)annual report.
    $1,748,905 assets(excluding cash at 30 june(annual report))

    =$8,867,161 divide 137,500,000 shares = 6.44c per share.
    then there is happy jacks drilling in progress and their other tenements to value
    GDN Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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