GDA 0.00% 29.5¢ good drinks australia ltd

corunna downs announcement, page-9

  1. 21,227 Posts.
    ages ago, watso mentioned that gda should have done some drilling at corruna downs - and $1m would have drilled a lot of holes.

    it is not all that hard to find iron it is either there, or not there - and a few hits, and gda could have negotiated a far better deal.

    for what it is worth, but watso had a quick look at where gda had planned to do a lot of drilling - but the area where AGO had the good hits, was to the south, of where gda planned to drill.

    anyway, the prospect of a future royalty stream cannot be discounted - but that would be several years away
 
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