EBR fans for your interest only. My simple comparison as to why I chose EBR over GOP. Similar arguments can be made for MOG. I prefer the multiple success options over "one shot wonders" even though success will bring big$ to Gop etc. (posted this on GOP board)
"Gop are paying 95% of an estimated $5.7 mil for Gilbert 1. If its a flop they are shot. They only had $5.4 mil in the bank. On the other hand, If it comes in they are set.
Eagle Bay resources are only funding 5% and if it comes in its worth $0.42 to their share price (@56mmbl)
If its a flop ...the Rig moves onto Maclean (EBR 25% free carried with 77mmbl potential worth $1.20 to EBR)
If its a flop then their Cooper basin drilling should be underway (5 wells worth $0.62 to EBR free carried)
If they all come in its worth as much as GOP on a Gilbert strike but if none of them come in EBR still has $7mil in the bank and gold copper uranium assets and a Graphite mine.
A much better bet IMO
(figures based on Stockanalysis report Sept 05)
fc"
gilbert/mclean drilling
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.05 |
Change
-0.005(0.47%) |
Mkt cap ! $323.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.13 | $1.05 | $256.1K | 234.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 120133 | 1 |
View Market Depth
| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| EBR (ASX) Chart |