EMP 23.8% 2.6¢ emperor energy limited

Ann: Corporate Presentation - December 2015, page-33

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  1. 756 Posts.
    Rubbish, there is nothing magic about 1 Jan 2016. Would be the case if OBL and REY have not completed any varied work program by Dec 2016. The oil/gas/condensate remains in the ground and may well have blue-sky value if all the pundits are wrong and the price of oil goes up through 2016. No doubt larger and wiser companies are looking to acquire/farmin oil assets at the current nadir.
 
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