GDN 0.00% 1.7¢ golden state resources limited

value if they have 80bcf

  1. 2,313 Posts.
    Maximum 40 cents. IMO. Based on 400 million shares.

    Does not include oppies being in the picture.(-)
    Does not include WCU share value. (+)
    Does not include further dilution. (-)
    Timeframe dependent on speed of results and getting hooked up to gasline.(+/-)
    Does not include wether they will get decent flow rates(+/-)

    So...Still many risks, but from here, much upside to.

    Shes still a speccy.
 
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Currently unlisted public company.

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