EGO 0.00% 12.0¢ empire oil & gas nl

ego business strategy, page-14

  1. 25,567 Posts.
    lightbulb Created with Sketch. 1398
    Howdy Christique.....
    All in all a business strategy involves knowing what you have,what you have coming up and basically what profit you can turn from that.It is pretty simple really....
    If you are short of cash and need a top up without collatoral,is where your business plan gets tricky.
    You are basically asking people to provide finance on your trust and reputation.
    Some of the figures being bandied around today re approx $1M
    return a month on condensate will go a long way towards a business strategy that will interest investors.
    This week we have had a reply to a request put on geology forum a month or so ago, Ya a very respected poster on hot copper chose to respond.His assessment of B sands was quite positive and gave cause for hope.If his assessment is correct and the $1m a month return on condensate continues it may well be possible to perforate the B sands and come up with P1,P2 and P3 results in that area.
    In my opinion if this happens EGO's business strategy will be a lot easier to manage and a brighter future will be there for all to see.
    Good Night and good luck Everyone.
 
watchlist Created with Sketch. Add EGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.