XAO 0.07% 8,705.0 all ordinaries

Short Term Trading Week Starting: 19 November 2018, page-74

  1. 3,222 Posts.
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    EMP - Emperor energy.  RISC report showing nearly 1TCF gas in their Judith prospect (Bass strait).  Looking at other projects in the area, (Sole - COE) (Dory - Exxon) - smaller resources than this one seem to be attracting hundreds of millions in CAPEX money and offtakes.

    Directors have just been approved to tip in $240k @ .4c (SP was .2c a week ago,  now .3c)

    Cash strapped but sitting on this resource, I'm fairly convinced that it can't sit at ~2.7m for much longer.

    Well worth a look imo.

    This video is from July

 
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