ERH eromanga hydrocarbons limited
Add to My Watchlist 0.00% ! 2.9¢

Hi MurdockA increase in reserve size doesn't add a lot of value...

  1. ciggys
    2,798 Posts.
    lightbulb Created with Sketch. 2
    clock Created with Sketch.
    14/01/09
    23:27
    Post #: 4692648
    Hi Murdock

    A increase in reserve size doesn't add a lot of value to an evaluation. We need to see flow rates and production schedules to come up with a figure that has substances. Lots more info required still but if todays announcement is a indication of things to come, then the next 12 months should be good ones for the ERH share holder.


    Cheers
    ERH Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Copper and Base Metals Targets Confirmed at Minbrie with Drilling Ahead
right-arrow Created with Sketch.
HAR Maiden Drilling Program to Commence at Ibel South Gold Project
right-arrow Created with Sketch.
NEWS Modelling Confirms Exceptional Heat Sink Performance for VHD Technology
right-arrow Created with Sketch.
NEWS Activeport Secures Network Transformation Contract with Ishan Technologies
right-arrow Created with Sketch.
NEWS Gold and Copper Targets Identified by Koonenberry at Prince of Wales Project
right-arrow Created with Sketch.
VMM Colossus PFS Unlocks World-Class Project Economics and Positions Viridis for Global Leadership
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.