EGO 0.00% 12.0¢ empire oil & gas nl

Ann: MIN: Acquisition of assets from Empire Oil & Gas NL, page-43

  1. 5,210 Posts.
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    It’s not about what it’s worth. MIN basically got $100mil+ company for $15mil because know one else offered a better deal to creditors and to be honest no one actually gave a sheet for holders. Also it was a very rushed process

    Our board, MIn, rx’ers, creditors, administrations didn’t care one bit for holders i was angry the deed was rushed before I could put a life line plan to administrators.

    The whole sequence of events is very questionable imo It’s over champ.
 
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