ERH eromanga hydrocarbons limited
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Thanks Mate - Wipeoff - put it simply they have 58mbbls of...

  1. Spozzie
    2,520 Posts.
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    28/11/10
    12:12
    Post #: 7535827
    Thanks Mate -


    Wipeoff - put it simply they have 58mbbls of reserves with a market cap of only AUD17M - all they need to do is get it out of the ground which has been the challenge but if the horizontal drills work then what do you value those reserves at - USD2,3,4,5 ?/bbl


    Spozzie
    ERH Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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