EGO 0.00% 12.0¢ empire oil & gas nl

Looks like a T20 holder has had enough, page-66

  1. 517 Posts.
    Wabbit I hope you are correct but unlikely, seriously $2, consolidation killed any hope for that.

    How can we ever be $2 when we only supply 10TJ of gas a day, have no money and we will farm out at least 45% of our company so can't see us getting anywhere near $2, plus we would have to supply 70-100TJ. To get there cost about 100Million need to drill 4-5 wells, increase plant and LPG strip etc. How is this possible. Well that's my take on it. More of a chance of T/O talks etc rising SP over $1, not what EGO are doing unfortunately.

    I would be the first to say I got it all wrong if your prediction turned out correct. Plus wouldn't be many here arguing on this forum that's for sure, which would be great. Increase SP to those levels and most would be happy.
 
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