re: gilbert 1 spudded/chummer Hi Dolphin,
I reckon EBRO are better because upon conversion you get a EBROA and a EBR.
So for every cent EBR goes up if they get a strike, EBROA should go up say 0.8c and therefore EBROA should go up 1+.8 =1.8c - simply better leverage.
in pre-open announcement?, page-10
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