EEG 0.00% 22.5¢ empire energy group limited

Ann: Oil flows from Appalachia Program , page-20

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  1. 4,837 Posts.
    Dubspec
    I notice you hold, in which case it may be benneficial to research a little further back than just the last 8 weeks.

    The cash they used to pay the loan, where did it come from??? Oh now I remember, the last capital raising and the time before that?? Oh yes capital raising and the time before that....

    Dont forget the bank are getting paid so their risk is significantly lower than a shareholder who is at the bottom of the foodchain. They also lower their risk if they are getting regular reduction in the loan only increased by adding value in the way of further acquisitions.
    cheers
 
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