GDN 0.00% 1.7¢ golden state resources limited

Assuming GDN will get a commercial flow, it appears to be very...

  1. 97 Posts.
    Assuming GDN will get a commercial flow, it appears to be very cheap at current prices.

    GDN's fully diluted market cap. is approx. $40m, it has $11m in the bank and should be cash flow positive within months.

    The exciting thing is that the adjacent fields have been producing gas since around 1960, and continue to do so.

 
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Currently unlisted public company.

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