EEG 6.12% 23.0¢ empire energy group limited

Unfortunately you are right - most of the money raised in the...

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  1. 10,747 Posts.
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    Unfortunately you are right - most of the money raised in the share issue Apr/May went to MacQ and all of the option exercise money in Dec went back to MacQ - little money was earned by their operations after admin costs and drilling costs so they funded repayments due to MacQ through share issues.
    I think they overpaid for the Kansas purchase but time will tell.
 
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