EEG 5.00% 19.0¢ empire energy group limited

Ann: Results of Meeting, page-15

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  1. 1,463 Posts.
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    Lol Striebs, you are one of the better posters here, so I take your points made about exploration.

    However, are you aware of how long this company has held its NT assets ? We have seen decades of presentations with its prospective billions of barrels of oil blah, blah, blah - yes it has done some limited exploring, but the point is it can explore for the duration of our lifetimes IMO and will it ever deliver anything in the NT ? Highly, highly doubtful.

    I thought you made a good point when you questioned (as I do) whether there is really a sweet spot holding in the Marcellus.

    I think there is still some way to go for the Company to promote and sell more shares on the back of the Great NT story", before Shareholders start asking the same questions about whether there really is anything of value in the NT.

    If there is one single word the new Board Member can bring to the next meeting and get the Company to make happen, my choice of word after all these years would be : DELIVER !

    GLTH
 
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