Now lack of interest has killed that dream it dreamed.
With no-one stepping up to direct the show, the company has been forced to cancel the big ticket production.
The decision was made at a meeting this week.
EMTC president Claire Copp said because a production team could not be found, the company would be doing something else.
"We'll definitely be doing something but because of lack of interest for Les Mis we've decided to put that away for a while," she said.
With the future ownership of the Paramount Theatre's cinema one up in the air, Mrs Copp said the decision was not necessarily a bad one.
The freehold of the primary cinema, which is used throughout the year by performing arts companies and schools in the region, is up for grabs with Campaspe Shire Council EOI submissions closing this week.
"I think it's put a pall over anything and the idea that was raised was to do 20 years of what we've done at the theatre and celebrate that to keep it in people's minds that we really did a lot of good," she said.
"When we mooted this idea, it was greeted with quite a bit of positive vibes from everybody."
Mrs Copp said for the time being, it was a matter of watch this space.
"We will be doing something, so people should check our Facebook page for any updates," she said.