EMP 0.00% 2.1¢ emperor energy limited

No hope for BRU, page-40

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    Not knowing what the OXX agreement says, however I would suggest that OXX and OBL are connected at the hips I think either verbally or by contract.

    Step 1 The 100% being awarded to OBL
    Step 2 OXX take up their 25% and OBL has 75%
    Step 3 Farmout connected at the hips with a free carry. ie OXX 12.5%, OBL 37.5% Farminee 50%
    Step 4 OBL shareprice a multibagger from these levels


    That's how I see things happening. DYOR
 
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