GDN 0.00% 1.7¢ golden state resources limited

16.67%

  1. 663 Posts.
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    Eclipse has the opportunity to buy back into the golden eagle gas field once PB # 2 is complete. a whole 16.67% is available to them …I find this quite interesting …how are they going to get a stake …issue of new shares …buy on market …off market options …

    If the 13 of August heralds a new dawn for GDN in the way of resource estimates and funding going forward, can we expect this agreement to be meet by Eclipse?

    One would have to think they would like to keep a position after two years of prospecting

    I personally don’t know a lot about Eclipse...Do any of you GDN’ers have any info regarding the farm in agreements or the company itself?
 
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Currently unlisted public company.

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