re: will it hit $1.68??? Hi DOC they have JVs happening and...

re: will it hit $1.68??? Hi DOC they have JVs happening and heaps of drilling end June/July then lots of activity thru to early 2006.
They should be really moving on just spec alone by mid year. In the mean time they are negotiating to sell the Uley Graphite Mine and this will give them $1.5 AUD for 75% ( a nice little addition to the bank account and a potential future cash flow) If the 3 D siesmic? done by BAS shows Moby Gas field to be bigger then this might spark things also. (results-interpretation out very soon within next 2 weeks) There has not been much development/discussion on the Cultana gold copper project but thats just another possibility for the company to make it big time. I have posted some interesting ASX announcements etc here on HC which give some good overviews if you are interested.
as you can tell I am a big fan of EBR
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