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Gday MakI dont think they will be needing any more cap raisings...

  1. joeborgo
    573 Posts.
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    21/10/09
    23:27
    Post #: 5814063
    Gday Mak

    I dont think they will be needing any more cap raisings for at least a year. With the GDAOA's in the money and the million odd they had in the bank at the end of the last quarter unless they are going to ramp up production then they should have enough for about a full years exploratioin.

    They will be releasing a lot of announcements at the end of the month and the beginning of November and IMO we will retest the recent highs.
    GDA Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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