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Ann: Change in substantial holding, page-10

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Lauban

3,555 Posts.

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30/10/17

18:08

Post #: 28323972
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Originally posted by CLEVER1 ↑

Bevter

I've spoken with the company a few times over last couple of months. Recently, my sentiment for this company is starting to change, from simply buying because it's to cheap i.e. will make money despite the inept running of the company. To being a supporter, because the company is getting it's sh_it together and doing what's required to complete the long awaited transaction.

With oil somewhat now back in favour i.e. exploration potential, the gas production from the existing field, the potential still exists for many multiples of the current share price remains.

Whilst based on past performance of the company (noting there's been changes to certain personnel over the past 12 months) i can't believe I am saying this in public, I've come to the conclusion that we will likely see a milestone announcement before the AGM.

D: Hold plenty

Cheers
Clever1

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clever do you know how much the raise of 4mill will be at? and if they will open it up to pre-existing holders?
Looks like a very upbeat announcement probably the most 'optimistic' one they have had in 5 years.

EOR Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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