GDN 0.00% 1.7¢ golden state resources limited

Hi Goldy, I have started to work on some new figures and I can...

  1. 331 Posts.
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    Hi Goldy, I have started to work on some new figures and I can tell you that since my April posting changes to the spot price, shares issued, and the falling dollar have more or less evened out. ie the estimates for 10mmcfd/d have not changed very much and are in the middle of the range you just quoted.

    I am pretty sure though that my in-ground estimtates where a touch higher than what you quoted below. There's little point in posting revised figures just yet - I'll wait until we have something concrete by way of flow rates. I might even have a crack at an NPV...

    Cheers,

    -Disco
 
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