EMP 0.00% 2.1¢ emperor energy limited

Double Barrel Shotgun

  1. 1,382 Posts.
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    There are 2 shots from the gun that are cheap and can see OBL reaching 100% of the Derby block

    1st shot is SAT and OBL have paid about 50K and max 100K to get a rerating. This seems a cheap way of getting a rerating. The longer it goes could be a good thing for OBL ie not getting thrown out straight away. Who knows what the answer will be? OBL are in there with a shot.

    2nd shot is the district court for non payment of BOPL's obligations. OBL paying 100% of Derby Block and BRU not prepared to pay anything for BOPL. Could see this heard early November. The cost of this is also cheap considering a rerating.

    I believe BRU wanted operatorship and because OBL have operatorship and are meeting their obligations BRU have left BOPL high and dry.

    So OBL are in a great position because they are funded. As usual we wait and people are impatient. The prize is a big one.

    For the sceptics and if OBL shoot blanks, the negotiating table will still give OBL a very favourable outcome if needed.
 
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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
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Last trade - 10.35am 07/11/2024 (20 minute delay) ?
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