EEG 1.96% 26.0¢ empire energy group limited

I cannot believe the market cap on this company considering how...

  1. 1,621 Posts.
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    I cannot believe the market cap on this company considering how much on-shore green-fields land they have. There is no effort to promote this stuff at the moment because it's politically sensative and nationally critical, moreover i think there is some rather rich share holders that don't give a crap about the short term share price. Just need to vertically frac a very nice flow rate and this should go to the moon. My understanding is that the vertical layering in the geology may facilitate excellent potential for above average results. I couldn't blame anyone for it if covid has delayed getting the best tallent that could have otherwise been available, however there is undoubtedly some advantages to some of the other larger operators drilling in the Beetaloo basin.
 
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26.0¢
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Mkt cap ! $264.4M
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27.0¢ 27.0¢ 25.0¢ $176.1K 678.9K

Buyers (Bids)

No. Vol. Price($)
4 11304 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 117500 4
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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