EBR 0.54% 93.5¢ ebr systems inc.

can anyone shed any light-please, page-7

  1. 772 Posts.
    ebr $4.13? schnitzal Hi Schnitzal, I guess Jballs has answered your question. I would be happy with sp in the 30s. One thing not really explored is the value of the Cultana prospect. In the past EBr have been pursuing Cultana as another Olympic Dam style deposit. Its certainly in the right location. It too could pile a few cents onto the SP when drilling results are in. I understand the lack of a rig is all thats holding drilling up. In their presentation they mention iron ore. I have no idea what this is about. It may have to do with the graphite deposit.
    Anyway it is all adding up fine to me.
    Cheers
    fc
 
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