The last dot point in EGO's introduction on its new web presence.
This provides a strong foundation for the growth ambitions of Empire, whose vision is to sustainably grow into a mid-tier exploration and production company. Empire’s strategy is:
Be the Perth Basin operator of choice, safely supplying WA domestic gas by growing the Red Gully production hub
Delivering reserves and production growth by drilling material quality exploration prospects in the high profit margin onshore Perth Basin
Attracting quality farm-in partners to assist in accelerating growth plans.
By stating this in its introduction it does not give me very much confidence this board has attracted any quality farm-in partners at all.IMHO I would not classify PGY as a quality farm-in partner in two of EGO's permits. They are just a speccy just like EGO.
As to having a vision? I hope that vision does not become a nightmare for EGO's shareholders.
DYOR
EGO Price at posting:
0.6¢ Sentiment: None Disclosure: Held
