EER 0.00% 3.6¢ east energy resources limited

more to come....soon!, page-40

  1. 487 Posts.
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    "I seem to recall figure from EER announcements quoting circa 6700 Kcal/kg with moisture circa 16%,then again,a lot of posters are quoting figures from 5000Kcal-5700Kcal with lots of interpretations on all the other matter variables."

    Yes, this number was quoted by the company, but it's on a "dry ash free" basis and based on bulk sampling done a while back. The results look to have significantly changed. eg. Moisture used to be 14%.

    "Do any of you really know the figures emphatically ..some one does ..it must be in the full JORC analysis of the washed test samples."

    Have a look at yesterday's announcement. That's where I have based my data on. Do your own calcs. I'd like to hear your views on it.

    "Mark Bassa has decreased his holding from 50.12 - 41.244% recently."

    You'll find that Mark Basso's holding was diluted by the options coversion, and not by him selling. He actually exercised 2.5m options at the end of March.
 
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