FAB, "GDN will need to do another cap raising in the next 6 months as they only have money for drilling, virtually nothing left over for ongoing admin".
I am not so sure. They have millions of WCU shares that come out of escrow pretty soon. I expect a sell-down of some of those to fund commercialisation and field expansion, assuming PB3 is viable of course.
I am not prone to making SP predictions, but there's no way known it will be a 10 bagger from here (in the short to medium term at least). Your 5 bagger estimate might be closer to the mark, again assuming the line of quacking ducks is long and straight.
My story in GDN is similar to yours, expect that I got in during the heady days of PB1.
Cheers,
Disco
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