EMP 0.00% 1.0¢ emperor energy limited

no announcement anytime soon, page-21

  1. 2,672 Posts.
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    PK, I don't know what's so hard to understand. I keep tabs on stocks I'm interested in even when I don't currently hold, otherwise how in heck would I know when I might want to buy back in? I've been waiting years now for Derby, In keeping tabs I've managed to make money even on drills I said were worthless like the Backreef area work. When I've got a pretty good idea about what's going to happen why wouldn't I try and make money off that knowledge? Also given OBL is intimately involved with BRU via Backreef Oil it would be stupid not to keep up to date on it.

    I generally post to correct inaccuracies. If you didn't suggest they were going to use the OXX money to drill and use the results of that drill to lure a farm out I would have just moved onto the next stock. At least be aware of what the company themselves have indicated before posting and I won't try to correct things and get called "negative" just for restating the company position and the bleeding obvious. I check the OBL threads here pretty much every single day, if people are so sure I'm "negative", why aren't I piling on and adding to the misery on a regular basis instead of what I am obviously doing, taking specific points in specific posts to task very rarely? I see heaps of stuff I think is fanciful being bandied about here but I don't chime in.

    My comments, particularly on the drilling are dead on and you have shown you aren't really in a position to question them. Of course they don't need to drill for a bigger player to farm in, A. They can't even if they wanted to and B. They've explicitly said they're looking for farm ins and specifically not said that they're going to try and drill with no money.
    I don't think OBL going under would be good bad or ugly news for REY or NSE. For BRU maybe it makes things easier, maybe. But OBL isn't going under any time soon, certainly not in a time frame that would help BRU with their Backreef Oil purchase and even then it would take time to liquidate and see who would get the rights to Derby potentially putting BRU back in the exact same place only with X amount more wasted time.

 
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