EGO 0.00% 12.0¢ empire oil & gas nl

Ann: Trading Halt, page-55

  1. 5,453 Posts.
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    My opinion. ERM have no idea about the gas business or the risks explorers must take , they are consumers of gas for their power stations. The MEL fiasco and subsequent sell out of their interest shows ERM cannot abide the risk of O&G exploration.
    My boat anchor comment is that ERM has influenced EGO to be too conservative and very much risk averse.


    DYOR
 
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