EMP 0.00% 0.9¢ emperor energy limited

Gippsland Update Rerating

  1. 756 Posts.
    Wow, 78.7M barrels of oil equivalent to OBL.

    At only A$10/barrel of oil equivalent in the ground that is A$787M worth and 86.66 cps based on 908,054,027 ords.
    Using only the best estimate recoverable liquids of 17.5M barrels at A$10/barrel in the ground that is 19.27 cps.

    OBL is capitalised at only A$6.5M on the market. Am I missing something here in the sun in Perth?
 
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