i wish they wouldnt put the cashflow in FRONT of the activities section.
Dont they realise that brokers and analysts, with some exceptions, get confused by numbers and therefore wouldn't go past the first page lol
- $12 million cash in bank - $40 or so million to come from exercising of options and calls on convertings - extended production test of 330 with 2,000 bpd production planned - 143m oil intervals being production tested right now at 430 - 3 more exploration wells planned for rest of the year at 430B and Reconcavo and their strike rate so far is 2 from 2! - and a photo with a bunch of blokes with mud all over them (though admittedly I'd much prefer a bunch of girls with mud all over them)
Why wouldn't you invest in this?
Cdchi1
ERH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held