EEG 4.44% 23.5¢ empire energy group limited

Ann: Company Presentation - Excellence in Oil and, page-10

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  1. 342 Posts.
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    re: Ann: Company Presentation - Excellence in... EEG stated years ago that they had employed some person to start advising and keeping the market up to date with more frequent news. Unfortunately this has not evolved. Management are very good numbers people and are capable of making and building a profitable business. Management and the major share holders know that eventually with good numbers the market will wake up to this and the sp will improve.BM must have majors knocking at the door wanting to have a bite at the NT assets. But it looks like EEG is capable of funding the next stage of the exploration program in order to prove up and de- risk the resource and then get a better price when it comes to bringing in a partner. The main thing is we are profitable and self funding. On top of that we have the golden egg sitting in New York state that should hatch one day
 
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