EGO
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0.00% 12.0¢ empire oil & gas nl

cashflow, page-8

  1. Chalks
    726 Posts.
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    03/05/14
    18:28
    Post #: 13320547
    If ERM are prepared to provide further financial support then it could be an indicator of value.... if they don't then the opposite probably applies... No point in throwing good money after bad..... As per the cashflow, ego need an extra $1.3 mil this qtr and then who knows how much. It could be the buy of the year but not sure about risking more capital based on hope... To buy or not to buy, that is the question..
    EGO Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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