And while that may all be true, just what is the probability of a "likely success" I hope its not as likely as getting oil out of the koyunlu well!JBMMMMMMMMMM said:pretty easy mate
Each BCF is the US is worth roughy 5mill in value
Sugarloaf primary Target 800Bcf secondary 100bcf - Eka has 12.5% interest
Even if it half this Size say 50bcf =250mill value to EKA (Mrktcap-27mill)
this doesn't include any oil or the fact it could be alot higher than 800bcf
A 10 bagger is very likley on major success 3.50
Agentm said:*ramp of the year nominee removed*
Well ive bought more today on the sell off which i thought was a textbook over reaction. Up to my nuts in eka at the minute!ricey said:guys,
if the primary flows at 800bcf+ and you throw in what will be a significant upgrade from the secondary targets over time, then $3+ is easily achieveable!
I think a few could be very surprised here!
regards
I'd better throw in this graph to back it up! The huge volume shows how the sp although down was pretty much halted in its tracks at the 31c and closed the day @ 32. Although graph shows the downward trend since the kyunlu setback I think the price movement today was unnecessary and should be corrected. It is worth noting that sp hasnt closed below 31.5c since the 18/10/06 and with the sl prospects and upper testing due in March, I can only see a build up from this point on.constable said:Well ive bought more today on the sell off which i thought was a textbook over reaction. Up to my nuts in eka at the minute!
However the accumulation i saw today tells me i wasnt the only one. In the afternoon trade at 31c the shares were consistently taken out as soon as they popped up. Looking for a bounce tomorrow and a close around 34-36 as the sellers i think were easily soaked up in todays trade and will dry up with only profitakers holding the price back at tomorrows close.
kennas said:Forgive me for butting in here, but looking through the posts I find it very difficult to see how $1.00 and even $3.50 valuations of this are being plucked.
From the chart, all I see is downward momentum, with more pain in sight. (unless you're shorting it perhaps)
kennas said:Forgive me for butting in here, but looking through the posts I find it very difficult to see how $1.00 and even $3.50 valuations of this are being plucked.
From the chart, all I see is downward momentum, with more pain in sight. (unless you're shorting it perhaps)
Can someone please explain this to someone who doesn't understand gas. Cheers.
Agentm said:you made me look.. 3 buyers..
somehow i dont think the shareholders or directors are concerned..
itsy bitsy run on here. Good golly that makes me happy just when i thought it was dead!
Should add the terrible trio are all looking a little sprite!
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