GDN 0.00% 1.7¢ golden state resources limited

rps energy estimate, page-12

  1. 19,875 Posts.
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    gee, ive just been scaring myself by re-reading the para2 testing announcements .... they had 80ft of net pay and everything that could go wrong did go wrong.

    in para3 we've got 134ft of net pay in this well, better casing, better cement and hopefully have intersected a better interval. the big fracture is a bit of a concern water wise, but company seems to think this could provide an opportunity to produce good flows.

    im actually hoping we get a good flow first up at the bottom of the well. would be a great bedrock for the shareprice and any flows further up the well then are a bonus. could find that we get a result a lot quicker than the malingerers in the market are ready for. ie: could see a scramble to get back aboard.



 
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