EBR 2.20% 93.0¢ ebr systems inc.

Hey fish3 the last quarterly starts off with some statement...

  1. 772 Posts.
    Hey fish3 the last quarterly starts off with some statement about the company being in a good financial position because of the recent capital raising so I personally would strike that one off the list. The other project joint venturers eg BAS, ADX ,MEP are still trading so my guess its not to do with Bass strait , cultana or cooper basin. But the qtr report did say " a major geochemical survey was about to start at carr boyd nickel, Drilling was about to commence at Uley and they were awaiting assay results on Munlingup Uranium prospect." so it could be a development on any one of these or something completely new. My gut feeling is that it will be positive and i hope substantial. Nickel or Uranium would be nice but Uley seems to have some arrangement where a cash flow could commence.
    Having said all that perhaps all their projects are flopps or one of the directors has nicked off with all the cash!
    Waiting,waiting,waiting
    fc
 
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