With a number of investors who never do thorough research yes,...

With a number of investors who never do thorough research yes, but that's always the case. Point is if the Emperor exploration drill is successful and the field is then put in production they will be using a different refinery .Have to add there's always risk with hydrocarbons its complicated ,everything from rock mechanics effecting flow to composition, various possible breakdowns.The Judith field appears to have much risk mitigated but someone could always find something undergoing their own research and drop it like a hot coal without holders knowing, I have tried and tried to find what evidence there is that would make it a 100% fail and found none except the normal risks associated with gas. Its a risk reward play you can work out odds and carry out a spread bet on a few plays as one is likely to take off.Emp owns 100% of the field at this stage and has a low mc so upside potential could be very large. Ugly duckling microcaps are cheap because of risk so end of the day its a calculated punt that takes much more research than your average midcap.