I was somewhat amused by this effort on a number of levels:
"EOC share price is indicative of the quality of their exploration efforts and public disclosure
alot more to do before convincing the punters"
- Despite it recent drop EOC hasn't fallen as much as average listed coal plays at pre-product stage (quite a few are now down 80-90%)
- not sure they are that worried about convincing the average punter!! Have a look at the register + ask yourself why Macquarie have been bought in after they walked away from recent undisclosed bids.
You're no dope DDxx but on this one you're behind the curve.
Clearly it's not playing out as a few here expect. Maybe it's time to move on?
EOC Price at posting:
27.5¢ Sentiment: LT Buy Disclosure: Held
