re: eager buying...$2 coming
It could also be people waking uo to EBRs Cultana Olympic Dam style target. These resources are valued in $billions. Even $1bil find is worth about $2.50 to EBR share price. This has to be a better bet than the last two Bass straight oil wells and they drove the sp over 14c on speculation. Also the company reckons that if 2 of 5 Cooper wells come in its worth over $1 to sp so I don't blame punters from stocking up on this one. And now they are looking at mineral sands in PNG. A fruitful ride ahead. fc
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held