EGO 0.00% 12.0¢ empire oil & gas nl

Has the shareholders had enough yet ?, page-2

  1. 25,449 Posts.
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    Boing.....your comment.....

    Which as all have been reading breeds dumb commits about not being able to continue due to cash flow concerns,
    which I think is absolute RUBBISH . This company is running cash flow positive.......it states it in reports we have a working oil and gas plant, we have a NOW upgraded "B" sands reserves.

    So I can understand what you think so I can stop making these rubbish statements as you call them...
    Condensate sales are contributing to cash flow...
    Gas sales are not contributing to cash flow they are paying Alcoa off and will do so for another year at least...
    Upgraded B sands reserves are not contributing to cash flow...

    Where am I going wrong?
 
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