EGO
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0.00% 12.0¢ empire oil & gas nl

Calling the bottom, page-50

  1. jake0002
    8,564 Posts.
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    16/05/16
    16:09
    Post #: 17780091
    but that comment is Qtrly is worthless - because they can "anticipate" all they like - but the drilling is dependent upon securing a farm-in partner and securing funding.
    I anticipate winning the lottery - but my chances are pretty poor of achieving that.

    just how can EGO fund the ERM repayment, plus the funding of Lockyer in 2H16 ?
    the only way would be a total free-carry on Lockyer. And we have heard nothing on a farminee, so time is running short to get it happening in CY16?
    EGO Price at posting: 31.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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