with gas prices in the usa at record lows , gas stockpiles at record highs and the u.s. factories still reeling in recession, the anticipated hike in the natural gas price is now reportedly not going to happen until the northern winter. this doesnt auger well for the current viability of gdns two wells . perhaps we will see reasonable gas but no commerciality at these prices .pb1 and 2 may not hook up until the price rises and the reserves come down . we probably need pb3 and a resurgent gas price before we see any cash or a 12c sp again . plenty of time for the new options to get in the money though .
- Forums
- ASX - By Stock
- GDN
- honesty from gdn - not in our lifetime
honesty from gdn - not in our lifetime, page-8
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)