EKA eureka energy limited

leverage

  1. 144 Posts.
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    I suspect that until 2011 the leverage that one can acheive will be greater in EKA than AUT. I say this because the 8 new wells that will be drilled in the AMI over the next 6 months will impact EKA directly. EKA will also ride on the back of any reserve upgrades issued by AUT.

    2011 will be a different story when the drilling on Longhorn gets cracking.

    I've placed 80% of my ADI funds in EKA and 20% in AUT. If EKA and AUT still exist come 2011 I will switch this ratio around
 
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