This Grant is good news. It is acknowledged in the company ann that the grant is later than promised (which will have a knock on effect to our timings).
Empire has listed actions required to be undertaken following this grant, including drilling a horizontal well.
I'm not sure why the proposed actions are not accompanied by delivery dates which in my view is a fair expectation from Shareholders ?
In any case there is 5 years to complete the initial actions listed, lets hope they rip and tear and do not take the full 5 years to get this work done....
I do want to compliment the company for having undertaken close to 900 individual core samples for analysis - I applaud the company for providing details such as this to Shareholders as we want to know what is going on. It seems like painstaking work and very detailed analysis is going on in the background, and I am pleased of it.
GLTH
Ann: EP184 Granted - McArthur Basin NT , page-2
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