Story in the Australian http://www.theaustralian.news.com.au/story/0,20867,21418373-5005200,00.html
To cut a long story short, it is mentioned one TCF is valued at $8b. GDN valued at $189m including options at 79.5c.
Therefore, big IF, GDN find 1TCF, value of company excluding everything else they are involved in would be $33.60 a share ($8b/$189m*.79c) ignoring production costs ($100m max)
GDN's target of 3TCF is not worth thinking about at this stage.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held