EGO 0.00% 12.0¢ empire oil & gas nl

Pointless whinging...., page-21

  1. 8,719 Posts.
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    I have not seen the benefit of the 2 newest board members yet as to justify their positions on the current board makeup. Nothing of note has happened as to say they are worthwhile to be needed except to draw a wage. More chinks in the armour to crack of EGO. Hope they are working extra hard to fix the financial position to repay this DEBT that is bogging EGO down.

    Only about 5 mths to go for the repayment, so whats the thoughts on ERMs patience for EGO to honour this loan/debt on time.????? Sell the plant was an option, will this happen to repay the debt.??? Personally not in favour of it, selling off the infrastructure and plant. And the farm.??????

    Sack the board and bring in the boys that can bring the bacon home with the big wallets, pay out ERM and do the 4 wells in a timely manner within the timeframe allotted.Without more drilling and more proven reserves I feel we will be left behind in the race to market our goods.
 
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