Or race ahead? Over $1.00 a share in 2014...now with all NT approvals in place, the only way is up (long term) in my opinion. But then, I've held for 10 years...ever the optimist when you back an explorer. Now we are a genuine production play with significant proven reserves there is no reason the share price won't go beyond $1. Sure there have been numerous cap raises along the way, however with the acquisition of Pangea's acreage in 2021 and the increase in P50 reserves assessed over the last few years this really is well under priced today. When you also consider EEG is on the right side of the latest Federal government oil and gas legislation we are one of the few commercially viable Australian prospects still standing.
EEG Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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