proactive investor presentation - report, page-51

I think a comparison can be made, how good this comparison is, is debatable. But I would suggest it is better to compare GDN to KAR than to CBA. Remember that KAR were once a 20c stock and even got as low as $1.63 not too long ago. They are both in gas exploration and potentially had nothing before drilling. They are both currently drilling (or in the testing process) and both may soon be producers. Imo these companies can be compared, the only reason KAR’s SP is $8+ is because they hit the mother load (estimated at around 7tcf), where as GDN did not. If GDN had this much gas their market cap would be similar (give or take other assets).

Disclosure: No stock Held