E2E 0.00% 0.1¢ eon nrg limited

Oversold, page-42

  1. 6,289 Posts.
    lightbulb Created with Sketch. 2939

    Bought a small investment here now.  Two risks:

    1.  Debt amount which is been repaid.  So as long as the next holes bear gas and gas prices remain high this is where the risk reward equation is.  If it works out price heads north, if not it heads south.  Such is the risk but expecting a decent production/revenue report this month as well.  If all goes well, the debt I think will be paid rapidly, noting the potential cash flow positive nature of this play (based on last months production/revenue levels - that is the assumption,will it continue.

    2.  Trump-o-nomics, enough said and that might explain the last weeks movement with the uncertainty been encountered and possible fear US economy slowing down.


    Market waiting for next announcement.  Risk/reward.


    All IMO


 
watchlist Created with Sketch. Add E2E (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.