I haven't done much research on GDA but hold a small parcel....

I haven't done much research on GDA but hold a small parcel. Having read some posts and here is my understanding and question:

GDA got excellent rock sampling results, the money is on the potential the resource it could have. This is yet to be confirmed by further drilling programs.

Problem is where is the money coming from? No one objects that GDA only got a little money in their accounts. To raise enough amount the current shares will be greatly dilluted. 10c is a guess, but no one can say it is not possible?

The summary is GDA has very good potential to do another FMS like, the share price could go to 60c. Problem is why bought at 30c, or even now at 15c as the trend is going to 10c?


My question is is the above conclusion logical? Can anyone give some facts that the discount placement at 10's is unlikely? hence the 15c today is only market panic?