Breakout

- Empire has broken out of the recent trading range and now looks to be marching higher
- September 30c options now likely to come in bolstering the company's cash position by another >$10m
- The imminent spudding of the well being drilled on Empire's property in September is the most exciting onshore well in Australia
- Finally capturing the attention of the market as a positive energy growth story
- Consolidation of the basin is inevitable and how else do people play it in a low debt massive acreage listed Co
- Board and management delivering to their well articulated plan here
- Hard to explain the scale of the opportunity here to investors