EMP 10.0% 0.9¢ emperor energy limited

let's talk about obl and the future, page-2

  1. cch
    134 Posts.
    Hi All,

    Good to start sharing rather than condemning each other. All facts have been presented by the director and we can go through the presentation again. Whether we believe it or not, it is to one own taste. The fact is that all companies start from nothing & grow big if all plans succeed. It is good if we can discover a company that is still cheap & have potential to grow. Similarly, OBL can be cheap now, but if the company can get Backreef into production, then surely the values goes up.

    Now, each & everyone of us are speculating, thus resulting in some nasty remarked. It is still too early to make judgement. Let us allow the production test to go forward first, then for sure we know what we are in for. Just remember, oil business is always a risky business. But the fact that backreef discovered oil column that need to be proved if it is commercially viable.

    The test for AFL & NRL will be this weekend.Let us enjoy the games & hope OBL can come up with good news for us all.
 
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