I explained why i thought there was little difference in having 1 billion or 2 billion tons based on the effect it would have on the share price. I'm not asking you to agree.
The strip ratio's are high as there is much overburden between seams, and seams are thin. Go over the results in more detail.
Where have i ever said it was going to 10 cents? I'm nt going to re-quote myself here.
I can't believe the comment about EER being relatively un-known. Any investor with a miniscule of interest in coal in this basin would know of EER and what it has, dont be so ignorant as to think otherwise. In fact a tenement of this size anywhere in Australia would be on many many radars. Fact is that no one is yet convinced its a money maker, hence the sp going nowhere in 3 years as compared to others in the area.
I still hold because i'm hopeful of better seam thickness and proximity to come.
This market is ruthless if results aren't above expectation.
- Forums
- ASX - By Stock
- EER
- jorc upgrade due - 2bt exploration target
jorc upgrade due - 2bt exploration target, page-19
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EER (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online