EMP 6.25% 0.9¢ emperor energy limited

Massive Gas Field, page-120

  1. 177 Posts.
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    Shooting the messenger...

    Thought my last post outlining the risks associated with EMP and the Judith gas “field or dreams” would get a response from those who have fallen in love with the company and the story. As the saying goes “love is blind”.

    The facts speak for themselves.
    1. Gas is there, discovered 40 yrs ago
    2. No hard data on size and flow rate
    3. $27 M firm work commitment pending
    4. Lease expires in 2023
    5. Farm out mandate issued 2 yrs ago
    6. Without a farm in, company is dead
    7. Victoria gas market is strong
    8. First gas 8+yrs. around 2030.
 
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