EMP 0.00% 1.0¢ emperor energy limited

Hi All my turn this is how I see it:a. FMG deal still on table...

  1. 2,821 Posts.
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    Hi All my turn this is how I see it:
    a. FMG deal still on table and confirmed in the press by FMG.
    b. FMG deal may or may not proceed as was non-binding and expect fine details needed working through.
    c. Native Title will happen when it happens and is now being determined not negotiated due to inability to agree as far as I know.
    d. The share palcement allowed at OCT EGM expired on 9 Jan 13 so any deal with FMG will need another meeting which is no big drama if so as they also needed a meeting to appoint a FMG representative as a director of OBL.

    From my personal point of view, Native Title first then we are kicking and stronger to deal (maybe FMG wants this too).

    As Far as Management go I do not want their job, could expect that they are helpless in what they can and can't release to the market and the inital announcement of FMG needed to be made to comply with their disclousure requirements to the market.

    Still a long way to go here - relax.

    If it drops again another buying opportunity presents!

    Cudeco1 - dyor
 
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