re: drilling program fc The way the Directors have explained it...

re: drilling program fc The way the Directors have explained it to me (and others) EBR is an exploration company. They try to put a menu of opportunities infront of shareholders and success on any one of them could create a valuable company (market cap wise and consequently sp wise) Apart from Cultana. Cooper ,PNG and Bass Straight they have been applying for further exploration licences (I think for Gold) so that there will be more opportunities on the horizon if all the others fail. I have been holding (and trading some) for over 4 years and am confident that if I buy them now at 6c then I will be able to sell them probably sooner than later at double or more. The secret is patience but I have missed the boat on some other good opportunities by tying up my funds. If you like short term trades EBR has not been a good one to hold in the last 6 months but if WSP comes good at Reids then EBR could be a great bet within 5-6 weeks.
Good luck to all holders, I think you will be rewarded
All this is my own opinion and comes from someone who sold all their 250000 AUMs at 40c a year ago out of frustration!! Damn
fc