Only hard facts. So please more input needed. EPR has already had a P/A. what I now need to know, is if they will be able to stave off a V/A?
Rupert your quote :- - ew is worth more than the current sp.
The ball park figure for EW, by my calcs is worth about $0.005c. Does any one know what 20% of Killanoola is worth? Now what is the rest of EPR worth?
Info from the Qrtly:- - Cash at the end of the quarter, 30 September 2008: $1,697,000. and NO DEBT. - Farmout activities necessary to assist with the funding of VIC/P46 and VIC/P50 are progressing - The operator is currently preparing a workover program for the Killanoola DW 1 oil discovery. It is estimated that the Killanoola structure hosts a mean recoverable oil resource of 800,000 bbls. that is 20% ownership.
EPR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
