Just visited Eagle Bay today...the place..not the company! Seems there are a few mining exec "shacks" there...now I know where my $ go!!
Price surge is not matched by BAS so no linkage to developments in Gippsland, seems ADX is the clue. Possibly a gas deal with Santos is in the wind following the recent discovery at Cooper. Surely the ann should be out soon? Graphite is also looking good by my calculations. Flake graphite is rare, ordinary stuff is common..and easily replicated by artificial methods at low cost. Seems EBR has the good stuff..just wish they had the sense to develop it themselves this time to give us a fully owned mining company rather than an explorer!
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