Hey, hang on, I'm beginning to like the sound of this!!!!...
... and so what if they blew $5m on an oil well? I bought into that and sold out too early before spud, but hey most oil wildcats are duds and they raised $5m specifically to drill it - and with 100% interest no less, they would have been $5 - $10 easy. I think Bill Wylie put in a $1m dollar bet at 12c though whether he stuck around for the well I don't know. There was an (?orchestrated) rally afterwards enabling a lot to get some of their money back anyway.
So now (fairly predictably) they are coming up with something else to catch the imagination - looks like another cash raising in the offing ???to drill the defence land. Hopefully at a lot more than 6c?
2.3c was good buying I think?
pj
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
