ECU - Eastern Corporation

[thekiwi]

Been watching this since it broke above 4.5c .. and now its having another go at 6c.

My signals will kick in above that, so if ti can close for a few tradings days above 6/6.2 area .. then it could come into play

[crooky]

Thought I should put this on back on the boards where it belongs. Cash flow positive coal business in NZ guys and 68% shareholder in Galilee Energy . Just had a capital raising , so cash up.

Currently into second phase exploration with JV partner AGL , atp 529p . includes 500km of seismic and 7 core holes.

atp 799p 100% Galilee Energy , currently as well in exploration phase , 150 km seismic and 2 core wells to follow.

[denpal]

They have now made a play to take over 100% of Galilee that they already own 68% of. Results not too far away for the ATP529 pilot and on my watchlist.