Eagle Energy Inc EGRGF

2016 results

[philippechampy]

First a slap for the communication officer : sensitivities to WTI at 45 is now 14.9 M, vs 16 M on Monday ! More important : 1) Shareholders equity jumps to 117 M (2.78 per share) 2) 2P reserves increase, even with a low capex 3) reserves value for 2P mostly oil is IMHO around 11US$ (your opinion ?) 4) reserves value as stated here discounted at 10% is IMHO a little severe, at 5% too much 5) no explanation for 4Q prod against 3Q (a fall from 4.08 to 3.80). Again a slap for the communication officer 6) what I was waiting for : management salaries fall from 3.21 M to 1.87. Good point. M. Clark, you could again bring them down by cutting that of your communication officer ! P.C.