The only thing to really come out of the quarterly was the ongoing discussions with silver marlim. With 138 a duster, and the need to contribute to those costs. Dropping the whole thing maybe a good thing. Thats if we dont get sued again.
Money in the bank, enough for 1 yr max. $240k income a yr. Likley big yr loss and cash burn continues.
Positives are the company is bullish on tutu2 drilling. Seen that in the past to many times? Is this the real deal? Who knows
Not much on harpia feild or when the next lot of drilling will take place? Harpia full feild development? Erh going to use debt or equity for full feild development? Still lots of questions to answer in the coming months
Apart from that hopefully the aussies smash the indians in the cricket. And Alchopop gives me a winner tommorrow
ERH Price at posting:
12.4¢ Sentiment: None Disclosure: Held