EMP 0.00% 1.7¢ emperor energy limited

Ann: Update on Progression Towards Independent Resource Statement, page-22

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  1. 12,719 Posts.
    lightbulb Created with Sketch. 266
    They raised a small amount of $126k previous
    quarter to pay for the resevoir engineering.
    They will probably raise another small amout to
    cover the scoping study.
    EMP will not be drilling.
    It will all depend on the reports and if they can get
    a partner to stump up the $30-40m.
    Depends on the longford sands.
    Took a while for COE to drill Sole,but the 50-60 million
    cubic feet per day would be a good incentive if proved.
 
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