EKA eureka energy limited

oh what a beautiful morning

  1. 1,674 Posts.
    morning all eka'ers!

    What I can say is that trading halt is not fund raising for Sl-1 or Sl-2!

    We are either being taken over by AUT, which is not going to happen IMO or we have done a deal to secure some more acreage in conjunction with AUT!

    We may need more funds for this, which means some dilution but based on what I'm hearing regarding the size of the play, some dilution for extra acreage will be well worth it!

    I also hope/expect that if it is extra acreage then we will get a solid update on the potential and then people may start to realise what is going on!

    EKA could easily be a $5+ stock from here, I'm often wrong but my research here is solid and I'm as excited as I've ever been over any share holding!

    Good luck all, although not sure we really need it from here!

    regards

    Rice
 
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