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12.0¢ empire oil & gas nl

So with this debt restructure, farm in, along with cash from oil...

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shanghaiguy

971 Posts.

70

30/10/15

22:13

Post #: 16297871
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Originally posted by gsaussie ↑

The permit is expected early Nov.
Debt restructure is ongoing.
Term of payment are 45 days EOM. So you don't see payment until 45 days after days after delivery.

You're just looking for reasons to be negative, im starting to think nothing will please you guys. Continuous disclosure does not mean the board needs to notify you of every email being sent and every phone call being made. You expect to be treated like royalty when what you deserve is to be treated like a shareholder, and that's what we are getting.

Griffo wants to armchair quarterback this company when he doesn't understand that some things may be confidential, what payment terms are, how permit approval process works, etc. He's not the only one, we've got a whole bunch of wanna be board directors on this forum, some who can't even do simple arithmetic.

The board has done a fine job getting EGO to where it is now. Drilling soon, an $800k saving on plant maintenance, an agreement with the drilling company. Come on team Negative, see the light.

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So with this debt restructure, farm in, along with cash from oil and gas sales why do they have their hands out asking for.....

Resolution 11-Approval of 10% Placement Facility (25%Placement Rule)

Management please explain!

EGO Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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