EGO 0.00% 12.0¢ empire oil & gas nl

Let Holders Choose Farmin, page-114

  1. 5,453 Posts.
    lightbulb Created with Sketch. 21
    Whatever happened to the old wabbit who always questioned posts in his garbled responses?
    You must be the other wabbit, welcome to the EGO threads.

    But back to all things EGO. We shareholders have lived in hope after the "ERM white knight rescue" however that hope has turned into a nightmare under this administration. Credibility in the decision making of those in charge is questionable particularly after the inept reasons for a 100:1 consolidation and the market's reaction following that decision.

    RGN-1 is a disintegrating sideshow which leaches funds from a gas sales contract from an ever decreasing gas reserve.
    The pie in the sky announcements and timelines also do not endear those in charge to shareholders who imho do not believe anything that comes out of Empire's office.

    So your comments about hope and convience are a sad reminder of where this company and its shareprice now sits. But meanwhile those in charge and their team leaders are still receiving their salaries and just like RGN-1 are leaching much needed funds that are needed for far more worthwhile activities.

    Perhaps Doc has the answer in his search to replace people who are no doubt nice people but imho have not delivered on their promises. As you say funds will remain a problem whomever is in charge, but with new people with new contacts and importantly new ideas how do kick start this company towards regaining forward momentum will be a breath of fresh to shareholders.

    DYOR
 
watchlist Created with Sketch. Add EGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.