Just adding to the previous post AWE has just announced the sale of its US shale gas interests to pay off debt and to fund the development of its Waitsia gas discovery.
AWE is off and running, whilst EGO is stuck doing nothing but continuously talking about discussions with farm-in partners and working on multiple options of paying off the debt to ERM.
Nothing new in the quarterly it was all expected by the market.
EGO Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held