EGO 0.00% 12.0¢ empire oil & gas nl

Ann: December 2015 Quarterly Activities Report, page-5

  1. 5,453 Posts.
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    Wabbit. EGO has been talking about repaying the loan and how they are thinking about doing it for the last 2 quarters and as for farm-in partners even longer.
    The 120 days notice of repayment is around the end of March so what is the point of continually talking about it. We know it is going to happen but don't know how and selling the RG plant is still a likely option. If it wasn't they would have deleted it from their reports.
    And you can see how good the quarterly has been received by the market. Nothing.
    Last edited by healyn: 27/01/16
 
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