EMP 4.17% 2.3¢ emperor energy limited

accumulation, page-11

  1. 1,612 Posts.
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    Drilling this week according to research report:

    'OBL has secured a rig (Dynamic Drilling Rig #17) for up
    to two slots, to drill the East Blina-1 well, commencing
    second week of October and which is expected to take
    10 days to drill to TD (1210m).'

    Also the BAS vs OBL case"

    'The Federal Court case is due to commence on 8 October 2012'

    Indicative valuation:
    13c low case upside
    21c high case
    7c Risked Low EMV
    12c Risked High EMV

    Good time to buy before its shooting off again.
 
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