EHR 0.00% 0.3¢ earth heat resources ltd

Ann: Quarterly Activities Report and Appendix 5B , page-39

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  1. 2,473 Posts.
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    re: Ann: Quarterly Activities Report and Appe... ryanm, the final 10% is in the order of $10m to $15m by my reckoning. If CIFI are able to raise $30m in project equity they will have done more than enough. If CIFI are successful in raising the funds, then your speculation should pay off in multiples. If not, the sp will probably continue to decline and EHR will become an ASX shell company. That said, our market capitalisation is not much more than that of a shell, so there is probably very little downside from current prices.
 
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Currently unlisted public company.

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