EPR
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0.00% 0.7¢ essential petroleum resources limited

if BPT are logging, there must be something down there...I think...

  1. Antman4
    1,629 Posts.
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    08/01/09
    07:47
    Post #: 4669022
    if BPT are logging, there must be something down there...

    I think the $50m that was quoted as 100% cost is total costs spent to date on P46. EPR want recognition that they have matured the prospects from day 1 and hence full recovery from potential farm-in partner. Good on them. They have 44 days and counting to make the payment without penalty other than interest. Looks good to me.

    Antman
    EPR Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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