EMP 0.00% 2.1¢ emperor energy limited

Ann: Update Permit EP 487, Canning Basin, page-6

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  1. 1,382 Posts.
    lightbulb Created with Sketch. 37
    No more Mr Nice Guy!!!!! This has bought it to a head.

    Looks as though OBL could pick up another 50% of the Derby Block for free. OBL have a knack at getting extra percentages for free through their legal team. Look at Gippsland and the backreef block.

    Gee BRU wanted to pay BOPL 3.5 million for 50% and OBL could get it for free because we are dealing with a PEANUT which is BOPL. Time to walk away Buru and stop ruining your reputation doing deals with a PEANUT.

    BRU if you really want the Derby block, now is the time to takeover OBL.

    The price goes up big time when OBL get 100%. If they pull this off, maybe shareholders will support their remuneration package at the next AGM.

    No dilution with oppies and a market cap of 6 million. OBL is a sitting duck.

    If I was in OBL's shoes, I would do a conditional deal that OBL win the tribunal hearing with a major now and get the shareprice up before we get taken over.

    Let's move on and stop dealing with PEANUTS.
 
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