EMP doesn’t need this permit, they already have 1.848Tcf in P50, 9.5x the prospective resource compared to this VIC/P80 block (192Bcf of P50).
EMP also has 85% of their 25yr gas requirements in the P90 category… massively de-risking the future project.
As a little junior, there is little need to acquire this block, simply focus on the elephant they already have and get it over the line.
Note: I hold both EMP and COE
Ann: Grant of Gippsland Basin exploration permit VIC/P80, page-5
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $306.9K | 1.395M |
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| No. | Vol. | Price($) |
|---|---|---|
| 18 | 469243 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 726631 | 29 |
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| Last trade - 15.51pm 29/07/2024 (20 minute delay) ? |
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