EBR
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1.09% 91.0¢ ebr systems inc.

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  1. ian_whitchurch
    2,834 Posts.
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    20/08/04
    14:16
    Post #: 554139
    Sandune,

    In my opinion, thats a very dumb move.

    Compare the experiences of Oilex and Roma, both going up to the drill of Connolly-1 and beyond it.

    Moby-1 is a one-shot deal, and MOG wont have the cash to keep playing offshore if it doesnt come in.

    On the other hand, EBR will still be a quite viable mining exploration company.

    Ian Whitchurch
    EBR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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