Obviously not too much should be read into one set of results. But the company is still some way from its stated goal of achieving “industry wide integration of EM (electromagnetic surveys) into the exploration workflow” and even further from the original, unrealisable expectations placed upon the technology.
However, some of the issues cited by EMGS for its disappointing results are really down to the buffeting caused by operational and market factors, which larger companies are better equipped to withstand.
