EGO empire oil & gas nl

Clearly we the dissident troublesome rabble are a bother, aren't...

  1. 1,101 Posts.
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    Clearly we the dissident troublesome rabble are a bother, aren't we? We constantly want information, answers, even positive results, and almost always we want success. Of course we have aspirations for our shares in Empire, mostly predicated on the story we have been sold in the material the Company has published and reported to the market. So it is little wonder that we are very dissatisfied with the performance of the appointed officials of Empire.

    I believe we have expected with good reason, a success story which we were promised in spades by the Board Chairman. But the shortfalls which have occurred in the delivery on promised positive outcomes, as well as the money-burn involved in pursuing the lost ark at RGN have their own story to tell, higherto not told to shareholders. It would seem a bit too much to expect that these stories will ever be told.

    But beyond the very lack lustre performance issues (some would describe them as due to extraordinarilly bad luck - LOL) the continued downward share price action is the central cause of the heart burn bring experienced by shareholders. We know the B&M are out of the depth that their years of experience might suggest they have the competencies required to perform their jobs to the level required for sharholders. I can't help but conclude that they know they are out of their depth, why else would all the consultants be retained?

    As much as there is very little explanitory information coming down from the Company, it is not difficult to imagine why? Because there is NO GOOD NEWS.

    In fairness, we can overlook what Wab is putting up attempting to quantify the consequential share price action a number of times, as his calculations have been found to be as La la land as his cover story on behalf of the Company, in the absense of anything meaningful from them.
 
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Currently unlisted public company.

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