GDN 0.00% 1.7¢ golden state resources limited

spot on

  1. 2,473 Posts.
    lightbulb Created with Sketch. 328
    Discodaddy you were right on the money with you April estimate of the value of GDN. I am currently 100% sure we now have a combined flow of around 10mmcfd for PB 1 & 3 with PB 2 being a possible late starter. The value you placed therefore of 14-20cps is most reasonable as was your reserve In-ground figure if say 30c for a combined value of around 50cps.
    This figure can only grow now that we have a proven field with massive potential.
    It looks like GDN will not be a sprinter but a genuine stayer and so the sleepless nights are now over IMO. Should the share price not react strongly in coming weeks then I think holders can bet a bid of 20-30c + coming from many potential suitors, especially those already established in the US before much longer.
    A long haul but now coming together very, very nicely. Yes BazzleDog even the Gods are now smiling on GDN.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

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