EMP emperor energy limited

laurel fm – continuous hydrocarbon shows , page-34

  1. 18,150 Posts.
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    lifesgood

    You invested in OBL for your own reasons which I would assume were well founded.

    Suddenly now because this drill of East Blina hasn't given you the result to date that you sought you are seeking to blame someone and at this point for you it's management.

    Denial is a river in Africa.....if you know what I mean.

    I take a different view.

    We are all adults here and have to take responsibility for our own investment decisions.

    Having said all that.......the results of this current drill are far from clear IMO.

    Will the final results be good or bad......I have no idea at this point, but whatever the final outcome is I certainly wont be looking for someone else to blame.

    I liken the Canning to heart-break hill from it's past history and not to Gawah in Saudi Arabia or the Permium Basin in Texas USA.

    The final story of "The Canning" has a long way to play-out.

    Have a quick look at the others active in the Canning and tell me how many have booked 2P reserves.

    Hence the oil and gas business is a very high risk operation.

    Cheers mate



 
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