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8.33%

1.3¢ emperor energy limited

My guess is it won't proceed, as they probably just needed to...

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Istina

930 Posts.

187

12/03/24

13:12

Post #: 72852072
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Originally posted by seuss: ↑

The only time back gets a mention is in reports stating ownership and nothing else is mentioned a few times.

They need to raise 2 million in the 20 months [ page 11]

For the gold project 450k cash ( +50k shares) before end of month is not looking good. My guess it will be extended or not proceed.
Need to raise capital before end of month or can they get a partner ? Extension are most often not a good sign, amended terms? [ Page 15]

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My guess is it won't proceed, as they probably just needed to have something listed as a possible going entity while NOPTA approvals were going on.

Now NOPTA is approved they don't really need a second project that will suck cash.

Management need to lower expenses until such time a partner is found, although not a given.

EMP Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.001(8.33%)		Mkt cap ! $4.985M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$500	38.46K

Buyers (Bids)

No.	Vol.	Price($)
3	1287748	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	104393	1

View Market Depth

No.	Vol.	Price($)
3	1287748	0.012
5	2088566	0.011
8	2270000	0.010
3	1050000	0.009
4	774995	0.008

Price($)	Vol.	No.
0.013	104393	1
0.014	917503	3
0.015	917280	2
0.016	200680	2
0.017	197250	1

Last trade - 13.10pm 03/06/2024 (20 minute delay)

EMP (ASX) Chart