ERH 0.00% 2.9¢ eromanga hydrocarbons limited

bought at 50c, page-73

  1. 336 Posts.
    I love your posts Tas,

    Very informative. If only we could have such all intelligence gathering power.

    I am happy with where ERH is going, this sort of market action just separates the traders from the investors.

    I also heard that the company was very excited about the second prospect at 430. I think with the NW/SE trend from Angelim we could be looking as good or better than the first discovery on 430.

    I hold for the longer term now. I want to see the benefits of holding a junior oil speccie that turns into a producer of some merit. With the market cap, we could be looking at greater than $1 and possible $2-3 in the next 6-12 months if we get continued success in the next few wells.

    It would be fantastic to see ERH with 10,000 barrels per day production in 12 months time as a minimum.

    Regards

    Kojasper
 
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