great value and profitable.. Have to agree whole heartedly Mikeboi.
Very well said.
"I am happy with a doji star candle today, it often signals a reversal and todays announcement did clarify where the company is, in relation to several of their projects.
Smegsy is most promising and Yellowbank is a definate goer. This stock is miles in front of heaps of other oilers that are still only in the exploration stage. EPE has only been listed since May and already has Yellowbank and Smegsy set for production. Yellowbank alone is expected to be worth $50 million Australian and yet the stock only has a market cap of $13 million.
Once in production and with further drilling scheduled for next year this stock has the capacity to triple quite easily, especially given that there is still hope for the 20 million barrels located in ATP549 (Nulla)."
Now, if we can keep out those pesky day traders we could see gains towards recent highs.
I hold and plan on buying more at current prices - mid to long term play.
tp
EPE
enterprise energy limited
