EGO 0.00% 12.0¢ empire oil & gas nl

ERM Debt, page-32

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    At the AGM last November the new guy Vincent told everyone who was present that he has been charged with a way to service the debt to ERM.
    What has he been doing in these past months? Looking out the window at EGO's offices and counting cars or is he spending his valuable time in Alice Springs attending to his plane storage and recycling business.
    Has he even been in EGO's offices these last months or does he attend board meetings by phone or for that matter how many of EGO's board even live in WA to actually know what is happening in the Perth Basin let alone the disaster at RGN-1? Perhaps Tony does but he has other interests as well ERM, butchery business, maybe more.
    If things go wrong as they have were any of the team who control the company levers actually in Perth or on site or perhaps that is asking too much of them.
 
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