Wooo Hooo Go EMP :)$$$$$$$, page-327

I may buy emp when the time is right. Are you really considering all the things ahead needed to drill? When do you really think they may drill? Considering the following,
Lease commitments and expiry,

Lease renewal time frame

No joint venture yet, a joint venture will takes months to finalised and transfer of operator ship.

Realistically what would emp be left with in a jv ? 5 to 10% ? Not much bargaining power really.

Enviro plan,
public comment,
Possible adjustment of ep plan and resubmission,

site survey prior to drilling

rig availability otway rig is going to be busy all next year and more for 3 or 4 companies. With out the 1000 km round trip from otway and back.

Lead times to order supplies.

Will be plenty more shares on issue on next 12 months I'm sure.

Whats the gold plans?

I have plenty of time to buy emp when the time is right based on current assets of emp and board. Argonaut....

sure it may have some runs maybe ill miss out on some trades .