Ann: AGM presentation, page-5

That is for the part paid EMUCA - the fpo (fully paid ordinary) shares do not need a further payment.

Prob with EMU is its lack of liquidity, and that is probably why there is a fall today, looks like some poor blighter needed the cash rather quickly. Or could have been a deceased estate and the trustee just sold regardless. Once that selloff is done it will recover to 13c on its way to 20 as drilling starts.

So keep a watch and get a good price, if the sell off continues grab a bargain from either ticker.

Do your DD