ENR 6.85% 39.0¢ encounter resources limited

Hi Bravo, You need to understand that the pace and results...

  1. 794 Posts.
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    Hi Bravo, You need to understand that the pace and results coming from the JV,s are completely out of Encounters hands. Large Companies due to their scale are not compelled to keep the market informed regularly with regards to drilling and exploration unless it has a material bearing on the value of the Company. So even if Encounter has that information it is unable to release it until the larger partner who is doing the work decides it appropriate.
    I think the most interesting news of note lately from one of the JV partners is the Copper information pertaining to the Patterson. When a large corporate deems it necessary to make an announcement as they recently did it indicates they are of the opinion that it makes a material difference to their shareholders. So Encounters shareholders should sit up and take notice.
 
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
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