The only difference with GDN now is not only Para 2, but Reserve estimation.
That is the crucial figure. Without it quantifying the value of this well accurately is abit like pinning a tail on the donkey.
I personally don't think flow rates are truly indicative through a single well as it has always been noted that the area has low porosity.
The only way to increase flow rates, if there is a good reserve down there will either to make swiss cheese of the landscape or use Horizontal drilling, which I beleive has already been done in the nearby surrounds.
Good luck to all...Amazing how quick 2.5 years have gone since it started...I should've been lounging on my Hawaiian Island by now!!!
GDN Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
