EBR 1.69% 90.0¢ ebr systems inc.

drilling starting

  1. 772 Posts.
    The Century 3 drill is currently drilling Tunkallila 1 for BPT in cooper. It spudded 13/2 and is supposed to take 7 days (only about 1400m) That takes us to 20/2 but VPE reported that Tunkallila would be back to back with Telowie1 on the same patch (Pel92?) so assuming same geology another 7 day hole plus set up time and mobilisation to EBRs patch could be a couple of weeks after 20/2 (ie early March) which is what EBR have always said. (late Feb Early March) So not long to wait until EBR is worth $1 :) IMO excellent buy. I have followed EBR for years and it always takes off b4 drilling. This is a great target and EBR is well overdue for a discovery. Four wells coming up with good odds in the right patch. You can't ask for much more from a specci. This goes for ADX as it too has a good stake here and fewer shares on offer.
    fc
 
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
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