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0.00% 12.0¢ empire oil & gas nl

Ann: Red Gully North-1 Discovery Delivers 53m Gas Pay, page-162

  1. ronny
    754 Posts.
    lightbulb Created with Sketch. 109
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    06/01/16
    11:47
    Post #: 16738351
    don't panic .. EGO is not alone.
    Others are going thru the same and worse.
    Its the price of oil

    CVN have 108mill in the bank
    30mill plus in royalties
    just discovered more gas and oil
    and the price has fallen

    BRU similar

    Oil price can go either way
    up with the low oil price hurting shale oil producers in USA
    and maybe middle east crisis

    But IRAN is pumping heaps
    So who knows
    Study oil price future!
    EGO Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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