A decision will be made to remediate the well based on equipment availability and cost.
As cost is an issue to be considered and as we shareholders have all made sacrifices in our investments in this company I do not think it unreasonable that all our management teams including directors take an immediate salary cut to releive the pressure on EGO's finances, say 25%.
This well has be be commercial or we are all stuffed including the lot at the top. It certainly would not be a good look on their CVs.
EGO Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held