GDA 0.00% 29.5¢ good drinks australia ltd

ages ago, watso mentioned that gda should have done some...

  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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