EFE 0.00% 0.5¢ eastern resources limited

Hi again. In the current market climate which is fairly subdued...

  1. 1,574 Posts.
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    Hi again. In the current market climate which is fairly subdued to say the least I dont think
    we are going to see the SP increase all that much. I dont actually think it will reach our ATH
    but hopefully will put a floor of a minimum of 7c or more to the SP and also bring more stability.
    Luckily there has not been a huge sell off as most holders have got faith that EFE has still
    got good potential of delivering the Trigg Hill project.
    I dont think there is anything sinister in the fact that the EL has not been granted yet.
    Just a government department doing what they usually do, go about there business in slow motion.
    Hopefully we dont have to wait too much longer as the SP will certainly come under further pressure
    if it is drawn out too much longer. IMHO DYOR

 
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