I must have missed it. Just where did the Chairman promise positive results? Please let me know.
On EGO, it is an undercapitalised exploration and production company, which is operating in a high risk sector. It may perform well at some point, but immediately after a disappointing exploration well, it is very unlikely to rise in price, in my experience. Yes the results have not been finalized, but my rough guess would be that it is not commercial, as per Doc's assessment also.
I think we all need a little perspective on this.
If you want risk free investment returns, there are plenty of fixed interest investments out there.
Apologies for rant, but..............
Cheers Al
EGO Price at posting:
25.0¢ Sentiment: Hold Disclosure: Not Held
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