GDN golden state resources limited

Why?? Thats the question...........Dilution is what shareholders...

  1. 7,466 Posts.
    lightbulb Created with Sketch. 208
    Why?? Thats the question...........

    Dilution is what shareholders will see from this!!plus

    500k to pursue the transaction
    $4 million to commence drilling the first well....this is not all the costs this is just to start.....
    $1 million towards maintaining & renewing licenses

    and
    300 million shares issued to the vendors
    300 million options issued to the vendors

    Also a very tangled transaction with three companies involved may not go smoothly.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.