EMR 1.59% $3.83 emerald resources nl

good deal, page-2

  1. 5,302 Posts.
    The properties include proved reserves, as estimated by a third-party engineering firm at December 31, 2007, of approximately 197 billion cubic feet of natural gas equivalent (99% natural gas) and currently produce 25 million cubic feet of natural gas equivalent per day.


    600 milliom for current proven resource as stated above plus acreage.

    EMR got it for free, plus 25 million funding.

    Stands up well.

    regards
 
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