EGO 0.00% 12.0¢ empire oil & gas nl

Investing advice for EGO, page-17

  1. 517 Posts.
    Unfortunately we are again going south as no one exactly knows what is going on. The Aug 31st isn't going to save us and why should it, it means nothing. We all have to wait until this well is successfully repaired until then it's heading south.

    If we continue south until AGM wonder what are board will say??? How can they hold their heads up high and even look into holders eyes and expect us to believe in them! They need to move onto another under performing stock imo.

    I know they won't say sorry to us all for the underperformance, bad consolidation, destroying the well, increasing the management costs, unable to make a dent on our debt, extending the drilling programs by another year or so etc. I am at a loss of anything positive. MAYBE the Origin story might come to surface as we are a long way away from gas or oil coming to surface, well that's how I see it unfortunately.

    We are certainly becoming a dog of a stock, so much potential, so many promises and maybe I was premature yesterday by saying onwards and upwards. I guess it is EGO after all and the only way is down. When this team came in they have never gone up in SP, just consistently down, down and down. Starting to think the only way this stock will rise is if another company T/O us or MIN take control with board seats ASAP.

    I am at a total loss of how any holder can actually be happy with our team and their performance. Something has to happen, sooner the better I hope!
 
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