EBR 4.85% 98.0¢ ebr systems inc.

turn 7c into aud 1.40

  1. 772 Posts.
    Hey joaquim, I think Sd is just excited that drilling is due to commence in about 1 week. My spreadsheet tells me that if they got 29mmls their sp would be $1.40 but even 9mmbls is still nice..about 50c per share.I would be happy with that too. Still quite a high risk drill but big rewards by cooper standards if successfull.I noticed that they have re evaluated the seismic and relocated the well position slightly. The constitution stuff is only administrative book keeping.Won't help us make any money.
    "C'mon Santa lets have oil for chrissie" Going to be interesting as the drilling is scheduled to finish about xmas eve. Quite a few days when the market is closed. Plenty of room for those close to the action to get an inside run.
    SP must be due for a small leap soon! 7c seems very cheap.
    Good luck to all patient holders.
    fc
 
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