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0.00% 45.0¢ eureka energy limited

As predicted and EME (UK partner - 3% WI) has released news...

  1. estseon
    1,655 Posts.
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    11/01/12
    19:40
    Post #: 9538160
    As predicted and EME (UK partner - 3% WI) has released news today worded in precisely the same way. As I said previously, AWE sold assets last December and probably doesn't need a debt facility and AUT raised one last year. TCEI is a private company. So, AUT proved that the AMI development was bankable and the two smaller listed partners have been negotiating a drilling programme for Sugarloaf with MRO and are now finalising debt funding arrangements.

    Closer spacing drilling first, then drilling the Austin Chalk later.

    I nearly trebled my position over December and now feeling positive about it.
    EKA Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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