How can you possibly be disappointed in EMP sodge, NOPTA approved tenement in a prolific historical Natural Gas Zone in Victoria that has provided natural gas to the East Coast of Australia for over 50 years now at currently a 10mcap and with Argonaught now heading it up the tenement.
EMP:ASX Bass Strait Judith tenement EMP now with Argonaut managing Judit tenement JV,s are in the wings atm imo and SP is reflecting same with over 100% return the past few months $$$$$, and upon a MOU 10cents EMP: ASX is possible imo in the ST, this is a short real term oily penny EMP:ASX, unlike Pep11 Inc having its protects and prospects being tied up in Federal legal argument for 4 years and the process Federally for detail against has only just formally begun again for MMR, BPH, and of course attached to same actions is the future reflective SP for MMR BPH ever decreasing SP as the Feds ramp up the denial of Pep11 inc in the ST, and leading into a Federal election year in 2025, just as Scomo did in 2021-22….. After being through that era Sodge if you can’t see the writing on the wall regarding MMR SP by Xmas imo you are the only one to blame, I’ve certainly given you enough notice.
BAS:ASX is the same atm a stand out bargain in the oily pennies at a MCAP were I bought most of my holdings in BAS early 2024, BAS has good producing assets in Indonesia and huge tenements in SA currently that have 21TCF Natural Gas prospects Pel182, and Kiwi1 just upgraded its 10X on condensate and awaiting now a well overdue EPT test for Kiwi1 that could return the SP back to the teens again in the ST, BAS:ASX has real assets and incoming producing tenements in Australia’s most prolific SA Natural Gas Zone with pipelines flowing to NSW and SA coast from the cooper basin and full state and federal government support, with even financial support for future Pipelines for Kiwi1 when the EPT test is in and at a MCAP of only 20m currently that could return to 40m and beyond on expected EPT results from Kiwi1 now overdue, so you can certainly see my reluctance to invest in MMR further if late with a future of maybe not trading and the Federal Government already informed the market of its intention of denying Pep11 exploration approval moving forward.
Way to many way undervalued oily pennies currently on the ASX to waste good extra coin on MMR imo moving into 2025/26 Sodge imo .
MMR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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$$$$$, and upon a MOU 10cents EMP: ASX is possible imo in the ST, this is a short real term oily penny EMP:ASX, unlike Pep11 Inc having its protects and prospects being tied up in Federal legal argument for 4 years and the process Federally for detail against has only just formally begun again for MMR, BPH, and of course attached to same actions is the future reflective SP for MMR BPH ever decreasing SP as the Feds ramp up the denial of Pep11 inc in the ST, and leading into a Federal election year in 2025, just as Scomo did in 2021-22….. After being through that era Sodge if you can’t see the writing on the wall regarding MMR SP by Xmas imo you are the only one to blame, I’ve certainly given you enough notice.
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