if heads manage to get back to .20 within the next couple of months, i'd expect the time premium to see oppies at around .10-.11 -- ten bagger from these levels. ?
possible? who knows .. all speculation, but if para3 confirms and flows gas with no problems gdn will be derisked to a large degree and a market cap of $90million would not be out the realms of possibility.
company would be very keen for oppies conversion, so they'll also be looking to get para 1 and 2 re-entered and flowing ... one things for sure if oppies do saty in the money until november its going to be a very different company going forward. some dilution of course, but cashed up.
GDN Price at posting:
14.8¢ Sentiment: Buy Disclosure: Held