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12.0¢ empire oil & gas nl

Potential defined, page-41

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topender

1,101 Posts.

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16/04/17

17:18

Post #: 24091374
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Originally posted by healyn ↑

These are dot points 1 and 2 in the disclaimer of EGO's recent presentation document.
If much of what is contained in the pretty pictures and graphics is in the same vein as in previous presentations then it is all pie in the sky IMHO. How can we forget the 2016 four well drilling program and of course the never ending and never eventuating discussions of farm-in/s.

This presentation has been prepared by Empire Oil and Gas NL (“EGO”) for general information purposes only. This presentation may contain certain forward - looking statements which have not been based solely on historical facts but rather on EGO’s current expectations about future events and a number of assumptions which are subject to significant uncertainties and contingencies, many of which are outside the control of EGO and its Directors, Officers and Advisers. Due care and attention has been taken in the preparation of this presentation.

However,the information contained in this presentation (other than as specifically stated) has not been independently verified for EGO or its Directors and Officers, nor has it been audited. Accordingly, the Company does not warrant or represent that the information contained in this presentation is accurate or complete. To the fullest extent permitted by law, no liability, however arising, will be accepted by EGO or its Directors, Officers or Advisers, for the fairness, accuracy or completeness of the information contained in the presentation. The Company is not under any obligation to update the information contained in this presentation.

No doubt the disclaimer is pretty standard however in the context of what this company has shown in past presentations and announcements over the past 3 1/2 years only the gullible would believe this will ever happen.
Unfortunately there are more than a few gullibles in this company's share register who did believe the smooth talk about what the future held. Increasing shareholder value is an important thing that we held onto given the experience of a previous management team but in IMHO it has been well and truly smashed by this one.
So do we gullibles still believe this mob can deliver what they have stated, but which their disclaimer states they have no responsibility for it nor are accountable for it never becoming fact.

DYOR

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So Healyn, the disingenuous wriggling in the disclaimer leaves room for one to contemplate the potential potential?

No, there is not an echo in the room!

Potential potential seems to be more forward looking than just any old every day potential. If we have potential potential then we are really on a winner. Aren't we ? Someone had better ask the Wabbit, he will know the answer.

EGO Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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