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.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 80000 | 1 |
View Market Depth
| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
| EMP (ASX) Chart |
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