EMP 0.00% 2.1¢ emperor energy limited

No hope for BRU, page-35

  1. 1,419 Posts.
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    Always good to hear your views bhutos.
    As an aside, I don't think the 25% to OXX was a fire sale at all. For a start, it just doesn't match that definition as no money has yet exchanged. Fair enough, it could have just been bad business, but I suspect it was simply a mechanism to establish a low-ball yet somewhat tangible "valuation" for the Derby block for the maneuverings that are taking place now with Backreef Oil. A kind of 25% gets you 75% play.
 
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