EPR 0.00% 0.7¢ essential petroleum resources limited

sell over 7 cents very thin, page-23

  1. 2,182 Posts.
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    At the end of the day the play in P168 will be small fry to that in P46 and P50 if it gets up.

    At best P168 will give 10+ years of cash for exploration offshore. Ascribing P/E multiples would seem quite difficult. I think this stock will trade for the ready to go offshore prospect inventory that EPR have been maturing over the last 5+ years. That is where the value is and it is a value that is hard to measure.

    Pay what you will - if you're looking for an out of EPR, I'm sure there will be a spike in there for you...

    Now that we have the cash flow almost there, we can go elephant hunting...

    All the best, Antman

 
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Currently unlisted public company.

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