EGO 0.00% 12.0¢ empire oil & gas nl

$35m Market Cap, page-11

  1. 2,920 Posts.
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    I don't know! It's as simple as that.

    But it would seem the capitulation of some at these levels does not concern them.

    Consolidation of the register is a stated goal. Lets see if any of the top 20 change in a +'ve manner in coming weeks. I'm sure there will be no change in the directors holdings as they would be sitting on a sizable mound of unknown information. Perhaps a new substantial holder wooed by or aligned with management.

    The only thing we know almost absolutely is that to date these guys know who to contract to manage a gas plant. they know who to contract to interpret exploration data and they know who to employ to drill a whole.

    What I don't know yet is how they add value to a listed entity. Every day they fail to resurrect the our reputation is a day they have failed to ensure the cost of our access to capital is commensurate with our prospects. If you strip it down it is not really about us and them its is all about ego and its best chance at success. And those chances rise exponentially if capital can be raised efficiently.

    And for that they must become salesman!

    Not accountants, not engineers and not process managers. The story must be sold sold that next time they wan to raise capital the potential of this company is widely known.

    Even to people like Rebel (although I do agree with him that the debt issue is alive at EGO)

    Passion ahjay. where is the passion. Every time a share holder whinges they should be on the phone engaging them head on. Of course they may not believe we have the potential I speak of or as you suggest they may have a grand plan. Well I would say it would have been easier to get on board with the masses and bring us along for the ride. They would not have to tell the story the: we would.

    Any way too much time today

    Happy Australia Day one and all
 
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Currently unlisted public company.

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