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"
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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