GDN 0.00% 1.7¢ golden state resources limited

on target for 500 bcf, page-8

  1. 97 Posts.
    siriusco, if shekel is right and 3TCF eventuates GDN could well rise to $50+.....not overnight but it could happen.....and with 3TCF it would eventually happen.

    At $50 GDN would have a fully diluted market cap of approx. $10 billion, but 3TCF would equate to future cash flows in excess of US$30 billion(AUD$37 billion).

    The gas field GDN has discovered has all the makings of a project that could see GDN be one of the star performers on the ASX in 2006/07
 
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Currently unlisted public company.

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