EER east energy resources limited
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jorc upgrade due - 2bt exploration target, page-33

  1. zinvestor
    2,917 Posts.
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    11/10/11
    09:09
    Post #: 9123576
    seeing Noble own 30% of EER!!!

    just saw Noble Q2 interim results 2011;
    they have a unused credit facility of US$9.6b
    and usable cash of US$6b

    Total $15.6b

    Funding for development of Blackall not an issue for EER,,, and with the MD owning a further 40% dilution will more then likely be minimal.
    EER Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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