ERH eromanga hydrocarbons limited
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Those of you that have a shareholding in BSN know that it owns...

  1. Spozzie
    2,529 Posts.
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    29/08/08
    11:36
    Post #: 4208630
    Those of you that have a shareholding in BSN know that it owns 27M ERHCA and 5M ERH. What is interesting is and as I understand they have to decide on their Vanadium project before 31 August 2008 (this Sunday).

    If they wish to increase their Vanadium project shareholding they need to quadruple their shares on issue (Issue 110M shares, currently 30M on issue)....or do they hold out knowing that the flow rates of 430 will rerate the sp and value of ERH and BSN accordingly and then renegoiate ??

    Comments ??


    Spozzie

    ERH Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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