info needed, page-29

re: yellowbank only worth 3c!! From the announcement today it appears to me that EPE state they have approximate reserves at Yellowbank of 5.2 million of which they will have a 50% share.

Therefore 2.6 million barrels x (oil price, shall we say even $40 US per barrel) = over $100USD.

Then put the potential value of their Nulla project into the price and to me it appears EPE remain very reasonably priced with a market cap of approximately $20 million AU.

I guess we will find out soon enough.