EPR are supposedly negotiating some funds with Hong Kong investors to pay for their share of the fermat drilling costs. This was apparently to be concluded 2 or 3 weeks ago now. Even if they do succeed there has been no announcement that their request for an extension to pay their share of the costs has been granted. If they fail to contribute they lose the permit for VIC/P46 I believe. Trust me, I have been a shareholder for about 7 years and they are without doubt the most geriatric bunch of slow-moving cretins I have had the misfortune to invest in!!
EPR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
