Only hard facts. So please more input needed.EPR has already had...

Only hard facts. So please more input needed.
EPR has already had a P/A. what I now need to know, is if they will be able to stave off a V/A?

Rupert your quote :-
- ew is worth more than the current sp.

The ball park figure for EW, by my calcs is worth about $0.005c.
Does any one know what 20% of Killanoola is worth?
Now what is the rest of EPR worth?

Info from the Qrtly:-
- Cash at the end of the quarter, 30 September 2008: $1,697,000. and NO DEBT.
- Farmout activities necessary to assist with the funding of VIC/P46 and VIC/P50 are progressing
- The operator is currently preparing a workover program for the Killanoola DW 1 oil discovery.
It is estimated that the Killanoola structure hosts a mean recoverable oil resource of 800,000 bbls.
that is 20% ownership.