EMP 0.00% 2.1¢ emperor energy limited

Seriously, page-14

  1. 17,248 Posts.
    lightbulb Created with Sketch. 52
    Yes Monday in WA is a public holiday,so no decision news from the District court case can be published ,I would have thought.
    So it is all down to Tuesday the 3rd.
    Though surely the debt owed to OBL is inextricably linked to the permit forfeiture OBL seeks,so rightly perhaps the two decisions should be made simultaneously.
    Should OBL increase its share of gas & liquids in EP/487 ,I would expect the SP to go higher,though due to the major fall in oil prices,not as high as otherwise may have been the case.
    That said, two other material matters that are in the hands of management have the potential to really effect the SP,namely a major farminee into EP/487 ,and the selling of all of Shelf oil pty ltd.
    As things "appear to be happening" in the Gippsland Basin,the selling of Shelf oil,should be a "given",the question is at what price?
    As I have already posted coe got a 100 Pj for a mere $29 million,Shelf oil not only has gas ,but liquids as well.

    Managements ability to provide "good outcomes " for OBL SHrs,on the sale of Shelf oil and obtain a major farminee for EP/487 over the near term,will determine whether or not they have my confidence going forward.

    Raider
 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $3.312M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $14.53K 681.2K

Buyers (Bids)

No. Vol. Price($)
4 968848 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 40000 1
View Market Depth
Last trade - 10.35am 07/11/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.