EMP 7.69% 1.2¢ emperor energy limited

Wooo Hooo Go EMP :)$$$$$$$, page-304

  1. 766 Posts.
    lightbulb Created with Sketch. 926
    Yeah agree - hype alone will drive this in the short term.

    I think one of the things potential partners are waiting on is the Environmental Plan being submitted, and, obviously, approved.


    EMP engaged AGR back in March 2022 to complete the Environmental Plan:
    https://agr.com/news/agr-engaged-by-emperor-energy-to-progress-permitting-of-judith-2-well-off-australia/
    https://hotcopper.com.au/data/attachments/6175/6175095-579e158195a5724d8701d47bf3527e3d.jpg

    https://hotcopper.com.au/data/attachments/6175/6175116-cb87a74f76fb1a8a6aa8b0d04a3b0b4e.jpg


    In the recent Investor Presentation, the Environmental Plan is 85% Complete- so we should be seeing this submission shortly. EP approval will give EMP even more of an upper hand at the negotiation table.




    https://hotcopper.com.au/data/attachments/6175/6175131-9073eb31a76663fb60456aa66ba37420.jpg



    Furthermore, Nexus Energy have recently had their proposed gas pipeline approved, connecting their Longtom Gas fields (P54) to Orbost gas plant. This is good news for us given the proximity of Judith to Longtom - especially if we are able to hook into Nexus' pipeline (just a thought).

    Check the map below -Purple dotted line= proposed (and approved) gas pipeline.

    https://hotcopper.com.au/data/attachments/6175/6175239-f9529b20822fbb4d7e0d9951254694b6.jpg


    https://hotcopper.com.au/data/attachments/6175/6175236-24aa7bbd0d1ef811269d2e8096adcd1f.jpgSource:
    https://info.nopsema.gov.au/home/approved_projects_and_activities?utf8=%E2%9C%93&regions_filter%5B%5D=GIP&keyword_search=
    https://hotcopper.com.au/data/attachments/6175/6175311-797dbccfabf78a6c245608ca5bd32621.jpg

    Approval of further Infrastructure projects in the Gippsland area suggest to me that EMP is primed for a significant re-rate.

    I'm more bulish on this stock than ever and will buy more whenever weak hands sell!
 
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