Topender
I must have missed it. Just where did the Chairman promise positive results? Please let me know.
On EGO, it is an undercapitalised exploration and production company, which is operating in a high risk sector. It may perform well at some point, but immediately after a disappointing exploration well, it is very unlikely to rise in price, in my experience. Yes the results have not been finalized, but my rough guess would be that it is not commercial, as per Doc's assessment also.
I think we all need a little perspective on this.
If you want risk free investment returns, there are plenty of fixed interest investments out there.
Apologies for rant, but..............
Cheers Al[/QUOTE
Al,
I also have to compliment you on you on your 20/20 hindsight. Perfect vision it would seem but only of use if you are trying to make sense of the previous events.
I was never interested in Empire as a risk free investment return, rather I had an interest in being involved in something which although pigmy like in the broader context of things, but it was still in the wild-ride category. I knew It was always going to be a gamble!
I would have thought a wild ride with a bit of excitement would have been reasonable, even with a low return, but what we have been and continue to be dished up is nothing more than an execise in one botched operation after another under the stewardship of our esteemed Chairman and CEO. Whereas I was lamenting the abysmal run with no positive outcomes/achievements, maybe you could
tell me of any positive outcomes they have achieved in the three plus years they have been in the head shed? Lets just try to start with one?
It is time the big bull was turned loose amongst these pretenders, and hopefully some if not all of them will have sufficient sense of self preservation to jump over or off the fence out of the bull pen and take whatever flimsy credibility they may have left with them.
Are you an O&G professinal by any chance? If you are? There might be a job for you in there somewhere. Maybe you could be the one to let the consultants out of the building.
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