EEG 3.70% 26.0¢ empire energy group limited

Ann: Quarterly Activities Report, page-14

  1. 457 Posts.
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    haha... I was wondering how long before I got a comment about being a non-holder. At least I admit it
    Not sure I was being negative either - they only have two qtrs of cash left... happy to be corrected.
    I came across EEG after a little bit of research and am trying to work out whether its worth an investment. There are some very clever, experienced O&G people on HC so, why not tap into that pool of expertise?
    EEG looks good, Beetaloo is massive, but there are big, cashed up, well resourced players in the same region and I'm concerned that EEG might not have the financial firepower, or the management expertise to pull this off. Look at FAR for example.
 
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