EGO 0.00% 12.0¢ empire oil & gas nl

are we stuffed?, page-6

  1. 5,210 Posts.
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    Glad you see my concerns griff. But on the upside Erm will have to step up and fund however without revenue we will struggle in next year to repay debt that's an issue. Debt we only increase which effects our bottom line and prosperity. If a quick solution not found which benefits holders first then Erm or who ever will benefit well unfortunately at holders expense. Holders have suffered way too long and a quick solution which I am sure ego are doing as we speak. We can't have a situation where we progress further only to see future income only used to repay debt. Plus Erm have a lot to answer they have been far to quiet over the years and should take some of the responsibility going forward. The whole plant design and cost is unacceptable full stop. We need answers of why and how this mess occurred in the first place. I am confident the new board will inform us all once they get those answers. As I said before they wouldn't be happy and in hindsight they should have had there fingers on the pulse from the start and not dropped the ball in my opinion
 
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