EMP 0.00% 0.9¢ emperor energy limited

trading halt in pre open, page-44

  1. 2,032 Posts.
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    On success I would like to state a few facts

    Current market caps
    Obl 23 million
    Nse 143 million
    Bru 680 million

    A discovery Bru can pay Obl 7 million for 30% and have 90 days to exercise the option. Obl still operator with 50%.

    When Obl made the announcement with the farmout to Grk the shareprice was 8.6c

    Obl should have a minimum market cap of 50 million on a discovery. That is about 10 cents. The problem is Obl has done the hard yards and is a sitting dick to be taken over!!!
 
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