EER 0.00% 3.6¢ east energy resources limited

r u ready to join $1 party?, page-48

  1. 3,650 Posts.
    lightbulb Created with Sketch. 550
    Lets be careful not to get overly worked up about the JORC and what it will bring. I'm sure the JORC will be good for the company, the shareholders and yes the share price too, but lets not count our easter eggs before the bunny arrives.

    Not intending to be a wet blanket but if we start expecting 2BT (as some have touted) which is surely at the very top end of any reasonable assumptions at this early stage then we are odds on for disappointment. I have no doubt the numbers will be great but I would hate to see great numbers come across as a disapointment and result in a panic selloff just because some got on board expecting one number and yet got another. Seen it on a number of occassions and don't want to see it here. Anybody remember the CDU JORC last Aug ?

    We are worth many times what we are currently trading at and our price is finally heading in a direction that acknowledges that. Realistic short term expectations are the key to maintaining credibility. Would hate to see out wonderful stock become a laughing stock to be avoided just because of some overly optimistic short term expectations.

    As always I hope I'm wrong and it beats all expectations but lets just wait and see.
 
watchlist Created with Sketch. Add EER (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.