EMP 23.8% 2.6¢ emperor energy limited

Announcement today is the 1st bit of good news from Emperor in a...

  1. 892 Posts.
    Announcement today is the 1st bit of good news from Emperor in a long time, With the POG now at levels over $680 compared to around $525 when Emperor purchased Porgera from DRD and with the lift in reserves at Porgera the price they paid for their stake in porgera back in 2005 was $230 million US dollars, it should definately be worth a fair bit more than that today, if they were to sell it off to pay off their debts.
 
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