EER 0.00% 3.6¢ east energy resources limited

There is good reason why this hasn't been bought by an Indian or...

  1. 1,119 Posts.
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    There is good reason why this hasn't been bought by an Indian or Chinese or other Aus company and thats because they are yet to establish a potentially profitable production area. Similarly why its only in the 20c range. An increase in tonnage will mean very little without a good concentrated mineable deposit with thicker seams. Thats what we need from the pending results. In my view delays nearly always result in a poor announcement.
 
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Currently unlisted public company.

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