Thank you, Coaster from the NZ Fixx Oilers site who put us Hot...

Thank you, Coaster from the NZ Fixx Oilers site who put us Hot Copperites onto this one. As I briefly explained in a weekend post on H.C., Coaster has demonstrated the leverage that is possible by buying the EBRO'S which have a strike price of 12 cents, due in March 2006, but which have a free EBROA option attached to each new share. The freebies don't expire until 2009.
Now I reckon there is a great chance of doing well out of this deal over the next 6 months or so because EBR has significant interests in 2 eagerly awaited offshore wells and 5 Cooper Basin wells, plus mining interests including uranium.
It only needs one of these projects to show a bit of promise and the EBRO'S become very profitable.Thanks Coaster.