Possum, a 50% share is about $5M. We're not doing 6 month long ultra deep drilling in Siberia here - lol @ a well there costing $40M. That was Mitsubishi's entire exploration budget with Buru for the entire 2011 calendar year at 80% funding!!
I don't really envisage OBL getting taken out although I suppose it's possible. I'm assuming they'll farm down next year to something like 12.5% for seismic and hopefully 2 wells. A lot cheaper than buying the whole company and shareholders can handle a mill a pop after that to prove up reserves.
- Forums
- ASX - By Stock
- EMP
- looks like we got bru as partner in derby bloc
looks like we got bru as partner in derby bloc, page-43
Featured News
Add EMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $3.067M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $14.40K | 1.800M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1628560 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 507924 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1628560 | 0.007 |
3 | 1424995 | 0.006 |
3 | 1700000 | 0.005 |
2 | 625000 | 0.004 |
1 | 5000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 507924 | 1 |
0.010 | 911583 | 4 |
0.011 | 2174474 | 3 |
0.012 | 536153 | 2 |
0.013 | 800000 | 2 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
Featured News
EMP (ASX) Chart |