EGO 0.00% 12.0¢ empire oil & gas nl

cashflow, page-6

  1. 727 Posts.
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    Susse - all good points... it sounds like you're in the hold camp with me..... I must admit I am leaning towards ego being cheap for $50 mil but I could be wearing rose coloured glasses. As you say how much value is in the ground undiscovered and how much will it cost to get the plant sorted and where will these funds come from.... The cost of the plant wouldn't be so bad if it was working properly but its not... I keep thinking of what would ego would look like with Alcoa paid off and a 100% working plant. It's a nice thought but is this a pipe dream?
 
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