GDN
Click for more information
0.00% 1.7¢ golden state resources limited

GDN stated that the current flow rate to date is...

  1. trader713
    97 Posts.
    clock Created with Sketch.
    31/07/07
    09:48
    Post #: 2668286
    GDN stated that the current flow rate to date is 0.5MMcf/day.....is this commercial?

    If not what is the minimum flow rate necessary for commercial production?

    If indeed GDN can get this well to flow at a commercial rate, GDN must be close to a buy.

    With the next well scheduled for early October, yet another run up for GDN seems inevitable

    Any views would be appreciated
    GDN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.