EMP 0.00% 2.1¢ emperor energy limited

Sad thing is if OBL can keep hold of Derby for another 12 months...

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  1. 2,429 Posts.
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    Sad thing is if OBL can keep hold of Derby for another 12 months they'll probably be in an ok position. None of it will really be of their own doing but if BRU can get a Laurel farm out in that time it should put some kind of price on Derby that's above a couple of $M. I'd be WAY less worried about the ASF than I am about Lind. At least ASF buying their own shares in REY kept the SP up! That's the exact opposite of what giving Lind equity at a discount to sell does! If you were looking at a 6-24 month hold to take advantage of whatever Buru does in the Laurel I know what I'd DEFINITELY prefer
    Last edited by bhutos: 27/05/16
 
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