There are 2 Events within the next month that would take the share price to more than 10c.
1. A farm out for backreef 50% chance or more.
2. A succesful production test. Oil is already there and mud stopped it from flowing and the census is we have a better than 50% to declare a discovery and increase the size of the resource.
Conclusion - the probability of making at least 50% on your Obl shares to 10c plus within a month is a no brainer. The fact that the production test is happening has just made it more certain.
The icing on the cake will be a native title approval on derby block or a farmout on Cyrano or Derby block. I am also keen to find out what the possible new ventures are?
This is my opinion and open it for discussion if people have similar views.
- Forums
- ASX - By Stock
- EMP
- great buy and why?
great buy and why?
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $10.86M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $23.16K | 986.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1502680 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 26991 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1502680 | 0.023 |
1 | 1000000 | 0.022 |
2 | 2000046 | 0.021 |
5 | 4050000 | 0.020 |
2 | 1227788 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 26991 | 1 |
0.026 | 450532 | 2 |
0.030 | 96480 | 2 |
0.034 | 96245 | 2 |
0.035 | 200000 | 1 |
Last trade - 15.21pm 12/11/2024 (20 minute delay) ? |
Featured News
EMP (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online