ERH 0.00% 2.9¢ eromanga hydrocarbons limited

strange selling, page-21

  1. 2,798 Posts.
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    Hi shamol

    330 does give fair value but if 430 is a duster then we will get hit hard, but once the market sorts it self out we should recover back to this level but could take 3 to 6 months.

    The thing to keep in mind is if 430 is a success then we have 12 million in the bank and 34mill in partly paid so they can fast track production if they choice without going into heavy leverage deals or try and get more placements on the market. So we are sitting in a go spot.

    Also go and find spozzie and tas's posts where they gives a great valuation with workings on 330 and run the figures yourself, you should never take anyones word for anything on HC, but they do show how they got there valuations and you can run the figures with ease.

    Anyway mate best of luck for tomorrow

    Cheers


    Ciggys

    PS
    kojasper I dont know why you bother replying to that twit.
 
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