EGO 0.00% 12.0¢ empire oil & gas nl

Ann: Empire Oil & Gas CEO discusses updated exploration program, page-51

  1. 4,299 Posts.
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    madas.

    The truth is nothing will change until we get funds it has to come from SH or we have to sell part of our holdings.
    At this point we do not know which it will be and it does not matter what Doc posts he cannot do it without funds so he is in the same position as the board.
    To change the board and CEO would put any plans back 6-12 month for them to understand what is happening and put their own plans in place and we would end up in the same position as we are now.
    If we want change I would want to know how you are going to obtain funds to drill it is no good saying you are going to drill as you could be in the same position of have difficulty to obtaining what is required at a reasonable conditions if you are willing to give it away you would have alot of offers.
 
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