East Energy Resources Limited  

(Public, ASX:EER)   Watch this stock  
Find more results for EER
0.007
+0.001 (16.67%)
Mar 1 - Close
ASX data delayed by 20 mins - Disclaimer
Currency in AUD
Range 0.01 - 0.01
52 week 0.00 - 0.03
Open 0.01
Vol / Avg. 129,640.00/8,026.00
Mkt cap 2.50M
P/E     -
Div/yield     -
EPS -0.14
Shares 356.48M
Beta     -
Inst. own     -

Key stats and ratios

Q2 (Jun '16) 2016
Net profit margin -1282.38% -50965.14%
Operating margin -75.55% -48765.56%
EBITD margin - 219.61%
Return on average assets -9.97% -102.66%
Return on average equity -106.86% -187.35%
CDP Score - -

Address

L 3 216 St Georges Tce
PERTH, WAS 6000
Australia
+61-8-92255833 (Phone)
+61-8-92264300 (Fax)

Website links

Description

East Energy Resources Limited (EER) is engaged in mineral exploration. The Company's east energy resources hold an exploration permits for coal (EPC 1149) in the Eromanga Basins in Central Queensland, approximately 65 kilometers south of the township of blackall. The Blackall Project is secured by tenement EPC 1149, EPC 1398 and EPC 1399, covering over 2,500 square kilometers just to the south of the township of Blackall, a rural community within central western Queensland, located on the Barcoo River. Its other tenements include EPC 1400, EPC 1403, EPC 1407 and MDL 464. The MDL464 tenement covers approximately 37,000 acres over the central portion of the main coal resources within EPC 1149. With a resource strike length of approximately 95 kilometers and an average width of approximately six kilometer, the three EPC's host an exploration target of over six billion tons of open cut mineable coal-one of the coal deposits in Australia. The Company's subsidiary is Idalia Coal Pty Ltd.

Officers and directors

Mark Basso-Brusa Chairman of the Board, Chief Executive Officer, Managing Director
Andrea Betti Chief Financial Officer
Peter Tighe Exploration Manager
Ranko Matic Company Secretary, Non-Executive Director
Age: 48
Rex Anthony Littlewood Non-Executive Director