Well I'm glad to see some life in EMP again!
Congrats to all those who have held/topped up through the lows, hopefully we continue the upward momentum herein.
i'm not going to pretend I know anything about Argonaut, however If they also see the potential here and can progress Judith to production then I'm happy with that.
Financing is definately the thing holding us back at the moment, as per the license extension in Feb, we have a hard slog ahead;
Emperor/ Judith was called out in the ACCC Gas Enquiry 2017-2030 report with the same conclusion.
So there's definately potential in the field/resource IMO.
But the work and costs associated to drilling the well needs someone with experience to negotiate the landscape, hence Argonaut's involvement.
Here's what EMP suggested needs to be done (from back in 2022)... 2 years later, and with the right help hopefully we'll get there.
Per recent announcement, the environmental plan is (still) 85% complete, EMP engaged AGR Group a few years ago to develop this and submit to NOPSEMA, I'll quiz management on this at the AGM in November as they reported 85% completion back in Feb also, so it seems this is lagging. Would like to see some progress on this. It takes a month after submission for public consultation (just to allow comments/feedback), then EMP/AGR need to respond to all feedback etc... This process could drag.
All up, the are a few hurdles, but if other institutional investors are willing to stump up the $M per this recent announcement then it seems like they see value and would expect long term rewards like the rest of us holders.
All above IMO. DYOR etc.
GLTAH!!
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $18.47M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $269 | 10.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 290442 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 80000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 290442 | 0.026 |
1 | 539500 | 0.025 |
2 | 580000 | 0.024 |
3 | 1500000 | 0.019 |
1 | 62500 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 80000 | 1 |
0.038 | 20000 | 1 |
0.039 | 100000 | 1 |
0.040 | 2200000 | 2 |
0.045 | 132337 | 1 |
Last trade - 12.16pm 26/06/2025 (20 minute delay) ? |
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