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0.00% 0.9¢ emperor energy limited

funding agreement, page-4

  1. Boz2112
    1,085 Posts.
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    17/03/14
    10:11
    Post #: 13134542
    Initial reading by me is that it's an excellent deal for us, essentially we issue equity at a slight discount in drips and drabs over time - at what ever the price happens to be. Contrast this to a farmout/equity raising where the price is fixed at a lower amount at the start. Need more time to digest the rest of the announcement though. GLA
    OBL Price at posting: 1.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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