EMP 0.00% 1.0¢ emperor energy limited

HEY THERE BROTHER AND SISTERS.i belive that we are undervalue...

  1. 217 Posts.
    HEY THERE BROTHER AND SISTERS.

    i belive that we are undervalue for the following reasons.

    compare to our peers who are above 10 cents there are the following difercencess.

    1) cash in the bank 2-3 million we have 500K
    2) we have 119 million share o/s they have 150-200 million
    3) we belive we have 330mmbb they have the same.
    4) our cash burn is very low there is a little higher.
    5) we have more land then our rivals.
    6) waiting on JV partner and things will move quick
    7) goverment looking in favoure of CSG more than anything else.
    8) we dont need cap raise till end of 2010.
    9) directors know heads in big co such as tap oil to become eventually a jv with us.

    all in all we wont be here for long as another company might just buy us out for the permits. too cheap.
 
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