EMP doesn’t need this permit, they already have 1.848Tcf in P50, 9.5x the prospective resource compared to this VIC/P80 block (192Bcf of P50).
EMP also has 85% of their 25yr gas requirements in the P90 category… massively de-risking the future project.
As a little junior, there is little need to acquire this block, simply focus on the elephant they already have and get it over the line.
Note: I hold both EMP and COE
Ann: Grant of Gippsland Basin exploration permit VIC/P80, page-5
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $554.4M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.5¢ | $12.58K | 61.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 705403 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 548493 | 17 |
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| Last trade - 10.02am 17/06/2024 (20 minute delay) ? |
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Last
20.5¢ |
Change
-0.005 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.5¢ | 20.5¢ | 78780 | ||
| Last updated 10.09am 17/06/2024 ? | |||||
| COE (ASX) Chart |