A New Day22 Jul 2025 06:30
Just to change the header, I see this share as a long term investment, will be building a substantial holding. Grabbed 10million on the rise last week will be adding more and trimming back some of my other shares.
100% of the gas produced from the Mako field will be sold at the above-referenced price rather than the usual fixed domestic offtake price.
The cash runway is a given for the next 12+ years , money in the Bank to push on with business, no pipeline development costs, Indonesian Government contract to supply PLN's customers ,...this is bigger than British Gas supplying the U.K. with no development costs!!!!
Other interests in Australia and U.S. which we can add as an extra bonus for future revenues, don't be put off by the daily trolls looking to cast doubt, stay focused on the bigger picture of where the share price will be in 12 months from now.
I made decent profits and dividends from Centrica (British Gas domestic supplier), Centrica share price is currently Β£1.54p, given time EME could be in a similar price range , if it only rises 10% of Centrica's current level many investors here will be very happy.