ERH
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0.00% 2.9¢ eromanga hydrocarbons limited

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  1. Antman4
    2,164 Posts.
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    16/05/08
    06:43
    Post #: 3721528
    Presentation by ERH back in 2007 suggested that the 430 block could contain 5 million barrels. Does anyone have any idea what a this type of oil play could have in terms of OIP?

    I calcualate that ERH have about 300m share on issue & options on issue. At 26c, they have a market cap of 78m fully diluted.
    ERH Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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