Check out MEPs quarterly report doesnt look like Myall Creek is a big winner but the Eagle is in the best position in years. It has a $20 mil gas discovery something like 60c per share value (p50) prospects coming up in the Cooper with the Emily and the other 2 wells. (see March report) in the very near future and still some mega prospects about to start maturing within the next 9 months. No wonder its on the rise. Long term investors should be snapping it up. 10-20-30c is not out of the question IMO. just a little patience. Some punters would have seen todays MEP announcement and bailed out hence todays lows but I reckon we are on the up and up. This is one of those shares we have all followed in the 5c category only to wake up and find it in the 30c and though "IF ONLY". I am biased and a long term holder so DYOR (and then grab some EBR :) ) fc
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
