Minoil. Enjoying your perspective even though I tend to disagree but then that’s what this forum is for.
You mentioned some big companies that might be interested in partnering but wouldn’t they just
make a bid for the company, it would cost them much less than a farm in and a carry
The farm in market is not strong. I looked st the quarterlies and counted 14 small caps seeking farm in partners. If you are looking to farm in you would have a smorgasbord of opportunities to chose from
Given that the farm in market is a buyers market I could not imagine EMP would service a 2
for 1 which means they would have to raise equivalent of the present market cap to cover their share of Judith 2. This would be a big risk for any potential partner.
Just my thoughts of course. DYOR and share
The Captain.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 80000 | 1 |
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| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
| EMP (ASX) Chart |
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