EGO 0.00% 12.0¢ empire oil & gas nl

Oh well, no well., page-9

  1. 1,680 Posts.
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    " I would rather they sort out our company first, get it stable and increasing share price and when that is done and they have runs on the board then try to tackle the bigger things...I am sure we as shareholders"

    ***,
    Agree with that statement completely. Isn't this what RGN is all about. Red Gully-1 is by no means a gold plated guarantee to see out tranche 2. The arrival of formation water in quantity has still got to be controlled (conditions can change for the worst with little notice). A $40m gas plant and contract still in its early stages (something has got to feed the monster).
    The Origin play could be a MIN initiative, but the involvement of EGO in the Joint Venture could be a minuscule % (we may never know).
    If anyone doesn't like the way the company is being run, press the big red button on your broker's board and sit on the fence and wait for the an appropriate re-entry, exit again, and re-entry.. infinitum or just leave. A la Kit67, Paladin Boy and now I see the cwafty old Wabbit is just an observer.
    If RGN is a considered by many here as a case of gross negligence, bring the subject up at question time and I am sure the air will be cleared.
    The debate here is endemic to small exploration companies. I do not way into it and am happy to just sit and observe.
 
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Currently unlisted public company.

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