Sarcasm and disgust! Have been a holder since about 03 (after reading shares mag praising their potential due to their acreage) and they have done next to nothing in that time. After 5 years their big chance finally arrived with Fermat, but they managed to stuff that completely up didn't they? I thought they might have tried to get themselves into a position, when they farmed out P46, where their share of the drilling costs would have been taken care off. Alas, no, by the time their big moment came they had completely run out of money!
To top it off they then went on and on about how good the East Wing discovery was and how they were going to find a buyer soon. A year later and what has happened with EW? Finally, they have been in negotiations for almost a year now regarding the drilling costs of Fermat. They even mentioned interested Hong Kong parties a while back. Now they can't even get an announcement out without extension after extension. Knowing EPR, this announcement won't come out until October, by which stage we will probably have another general market collapse!
EPR Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
