GDN
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0.00% 1.7¢ golden state resources limited

the update, page-2

  1. rocketmon
    1,585 Posts.
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    23/05/07
    15:48
    Post #: 2474182
    i've lost my tongue.

    5mcf/d could be commercial. generating 50k/d = 18m/year. after royalties and operating cost. they will get less than 10m per year on hand. but i think sh are expecting a bit higher than that.

    regarding 20~50bcf reserve, is that from this well only? or for the hole project? sounds like for the whole project. if it is... bit disappointing.
    GDN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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