EGO Newspaper Article 21/09/13, page-2

Ummm, call me stupid but doesn't EGO know how much we get paid for the condensate??? Don't we have a signed contractual agreement in place with BP??? The statement from this article is ridiculous:


He says he soon hopes to be able to detail the level of condensate revenue Red Gully is achieving, which in turn should help Empire shareholders realise the value they are sitting on.

Can't EGO simply say 'for every barrel that leaves the RG1 plant we get paid $xyz??? Couldn't EGO take a stab in the dark that a tanker holds xyz thousand liters of condensate and say something like 'to date we have trucked xyz thousand liters of condensate to the refinery and it is worth circa $xyz. Is it that hard to use a calculator???