ERH eromanga hydrocarbons limited

From my post on 20/51) 54.5 - 0.50(54.5 - 27) = 40.75 = 412)...

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    From my post on 20/5

    1) 54.5 - 0.50(54.5 - 27) = 40.75 = 41

    2) 54.5 - 0.618(54.5 - 27) = 37.5c

    3) 54.5 - 0.618(54.5 - 15) = 30.009 = 30c
    ___________________________

    Down to 41.5c (not too bad from 1st target!). If not hold at 41.5, the second target may be reached. Then what is next? Wait and see.


    ERH does not know how much oil it has or the finding is commercial?
 
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