topender. The only problem with EGO going forward is financial...

topender.

The only problem with EGO going forward is financial support.
The SP is to low to do a cap raising for the season no action by the company.
It is either a loan or a farm-in partner a loan would be to expensive and I would think over the last 3 years they have had quite a few offers that have been rejected due to not being favourable to EGO SH it looks as something is happening in the near future.
It does not matter how good the board is they cannot do anything without funds and that was the situation they were left with from the old board.
Doc was on about drilling Lockyer first which would be ok if we had enough funds we had enough fund to drill but did we have enough to get it to market I do not know they must have known they didnot or they would have drilled that first.
You can only do what you can afford to do or do more and risk going broke.