EMP 0.00% 0.9¢ emperor energy limited

investor presenation, page-22

  1. 279 Posts.
    Looking at some of he comments, there are quite some naive investors out there that are swayed by the 'spin'

    There has been no proof of an oil pool, and the testing program is a punt, mere speculation.

    Any 'real' oil company would have tested the well when they drilled it is they were so sure that they had discovered oil

    eg Buru and the Ungani discovery, which is why I hold Buru and other 'real' oil stocks

    My fear is that the OBL shareholders and the GRK shareholders have been fed and inflated view without reference to the downside.

    Why do OBL not have a competent persons statement on the release?
 
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