What happen to the Gold?

It took emp ages to get the Gold project.They had to sell half before they got it ,to a undisclosed( related party) company to help finance buying it because they could not do it themselves. it took a while for emp to name the company.

of which I was the 1st to bring it to shareholders attention here. That the other company was herencia, unlisted and suspended for a fair while in the UK. Herencia are hoping to relist some day... who has common directors to emp.

The Gold project if it goes ahead requires a decent amount of money to move ahead. More money emp will needm

Zero mention of the Gold project in recent quarter report. the Gold project was meant to help fund work on "Judith". Herencia been unlisted/suspended has no requirement to to update the market unlike listed emp!

very odd! but there has been more updates about the Gold project following herencia Than what emp have put out!

With Woodside/Exxon and mitsui looking to find new or deeper gas . Sgh energy looking into restarting longtom - talks with amplitude for that.


Where does that leave emp? Still no ep report done ,still no partner, still need another lease extension . There is going to be over a dozen wells drilled in the Otway program & what Woodside and Co. drill in their program and emp will be still waiting for another lease extension .

Won't be long till emp is back to over a billion shares on issue.

With current assets the company has the next 12 months are just a waiting game. They could risk keep working on the gas project but if it doesn't get renewed....

100% Definitely not drilling before the work program says it should be drilled by. Its 2 Years away minimum .

Zero confidence in emp.