EGO empire oil & gas nl

I have watched MIN closely since they took a stake in EGO and...

  1. 277 Posts.
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    I have watched MIN closely since they took a stake in EGO and have been intrigued as to their intentions. Their recent funding of a company called Hazer HZR is interesting in that it potentially increases MIN's requirements for natural gas.

    HZR has a technology to convert natural gas to hydrogen and graphite using only iron ore as a catalyst. Both Hydrogen and graphite are growing markets with huge future potential.

    The big question is will MIN farm in to the North Perth basin on a well by well basis or will they take a larger stake in the whole of EGO.

    The end of March, self imposed deadline is just around the corner. After all the promises of fruitful negotiations I hope there is some good news on the farm in front.

    I think we have finally reached seller fatigue. Unfortunately we reached buyer fatigue about 2 years go.

    Cheers,

    Simonmag
 
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