def strange... my feeling is that this is part of the marketing plan (so somewhat gutted that it isn't more tangible), like gas or weatherfords.
Post broker roadshow, I think this is just a flag to give the market time to get set.
I doubt that this hype is to deem para 1 and the project not commercial. However, if it's positive it may give the type of appraisal that'll support a re-rating of the SP based on "what if" scenarios using market cap, field size and gas readings from para 1.
If it says $1+ based on successful para 2 finds, piping plans and ability to get revenues by later this year - it may be enough to shake nervousness and get this over the .001 increments at least.
If nothing else it could set the scene to sell this as a takeover potential?
Dunno, just thinking out loud.
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held