ETR 0.00% 0.7¢ entyr limited

tomorrows trading, page-12

  1. 821 Posts.
    Drumo agree.

    Would expect also a further board appointment.

    Would expect the major shareholders will bid this up to what they will see as a real asset, with long term fundamental earnings.
    They will do this after due diligence.
    AT5 is the next analysis point. AT4 is already factored
    IMO.
    Then Tortugas, 2 wells at circa $750000.
    Then 10 wells potential targets following this.
    Would expect the cash earnings will open up other
    possibilities. After all the banks will lend on
    definitive cash flow.
    Would see that the AT5 analysis will be a determination
    of the geology and a confirmation of the producing zones.
    A 10 bagger then will be a real possibility.
    JMO.

    GLA.
 
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