So 3d energi has a 2 well carry worth 100 million with ConocoPhillips 2 confirmed wells.Its not worth 30m market cap now.
No way can emp be worth 30 million with no joint venture. And no way can they drill it before lease expiry. I said almost a year ago there is no way they can drill this with out another extension .
People would be crazy to value or pay 5 cents for emp. A extension Is no guarantee and it takes time.
I doubt it will be drilled at all in 2025. Not from the otway rig with beach cooper and 3d.
I cant make any sense of what emp is doing and what this placement will achieve. So much for the gold paying for the gas.
Wooo Hooo Go EMP :)$$$$$$$, page-319
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $8.602M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $5.011K | 277.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1392788 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 746202 | 5 |
View Market Depth
| Last trade - 12.46pm 07/10/2024 (20 minute delay) ? |
| EMP (ASX) Chart |