At least EBR are now cashed up to take advantage of any discovery. I'm not even sure of the washup of the Whitesands debacle..i.e. whether EBR now get a greater slice of the pie in the Cooper prospect drilling if they are covering the WSP component. If they are then there may be greater gains from discovery here than originally calculated for EBR. Regardless we shouldn't see any further dilution due to placements/fundraising for quite awhile, so the potential rewards from the upcoming programs offer quite a good opportunity for reward at the current price. I'm holding on for the ride! Especially with the options..
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
