"As announced on 8th July 2021, Empire has received approval for grant funding of up to $21 million to support the drilling and flow testing of up to 3 horizontal fracture stimulated wells. Empire recently made submissions to a Senate Inquiry into the Program. Empire’s evidence to the inquiry made clear that Empire followed due and proper process at all times in relation to its grant applications. Yesterday, the Senate resolved not to disallow the Program which can now proceed as planned."
As I posited weeks ago, the Greens didn't have any facts on their side. I am sure they will continue to ignore all the positive facts provided to the inquiry in their ideological quest to a 100% renewable energy future, which is scientifically crazy.
EEG Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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