EEG 5.17% 27.5¢ empire energy group limited

BREAKOUT!!!! About bloody time, page-17

  1. 628 Posts.
    lightbulb Created with Sketch. 128
    I have held EEG for over ten years, have bought as high as $1.10 and as low as 8c. Sometimes there's lots to talk about. Right now we await the FID and hopefully the announcement of a farm in or JV partner to take us to production. The majority of shares are held long term by insiders who don't chat on Hot Copper, this is a thinly traded share which most investors don't know about. It trades at about 25% the value of Tamboran when comparing like for like potential reserves etc.

    EEG is very good value if you believe The Beetaloo will be commercialised, at least 5x 12month upside IMO. Which would bring me back to my original 2014 entry price....ha ha.
 
watchlist Created with Sketch. Add EEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.