Why 100:1?, page-201

First 201 Last

Share
Profile

Follow
wabbit

4,299 Posts.

28

06/02/16

16:27

Post #: 16958372
Share

Originally posted by Lani62 ↑

Hey wabbit,
I think we have to give you a name change. BAT will do. They are as blind as you are except for their sonar that you don't have to step through this minefield of failures.

How can you be happy with where the sp is sitting now, nearly 30% less than the consolidation price. ????
What can you justify your prediction that EGO will be in or close to be a member of the ASX300 club, where will the sp increase come from, another drill will not achieve this stature.????? You live in blind believe if you think this is possible.

Its sad that EGO is being handled the way it is and with the huge spiel given on the initial 249D that the incumbents would look after the little guys and UNLOCK the wealth and VALUE of EGO. Even the talk then was that they would listen and transparently communicate with the rank and file shareholder. This is non existent now except for the drip feeds given out and of which some seemed to be late in coming to the market.

The board have themselves to blame for the growing dissent as PATIENCE is running out and no short term resolve to say where they are at or communicate with shareholders. Shunning shareholders reply to emails is a grave mistake. Have you tried .???? Time to take your blinkers off and try to understand what is really going on and ask yourself will I ever see a return at this rate and what can the company do better.

ERMs debt is a real noose over EGOs head and limits advancement for further drilling. EGO needs a definitive drilling program of a quick 3or 4 wells to see where they stand. If ERM were any sort of partner they would defer payment and ok the need to drill. If these were successful then interest wouldn't matter. EGO needs something that is going to attract plenty of attention to tick the sp over as per the old days. Monotonous to see just a handful of trades that send the sp in a spin.

RNG to me is a failure. If it was any good it would have been tested by now so plans could be made to feed it into the plant or increase the size of it. Certainly no chance for a standalone hub.

I feel the ghost of the 249D is still very much alive and may come to haunt when the time arrives.

Expand

Lani62.

The SP does not worry me why should it as I am not selling.
The SP will rise when everything gets added up that is why I think we will be in the ASX 300 just my opinion no other reason.
The only thing of value in the accounts is the pipe line and the gas plant.
What do you think the value will be when PL1 and PL2 ,RGN1 and all the other concessions are added to the accounts.
We will get there patience is a virtue.
If the SP is not increasing by the end of the year then I will be concerned.
Origin want $300m for there bit they are selling
Bats bit you know and can kill you.

EGO Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

First 201 Last

Add EGO (ASX) to my watchlist

Why 100:1?, page-201

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Cyclone signs MOU with Vale for development of Iron Bear play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Featured News