Cat, I was in a meeting over 6 months ago and Alcoa was very concerned with the projected gas shortage and they want to invest/buy as much gas as possible, which is great for us. Going forward EGO just have to keep drilling and shore up great reserves and we should be ok going forward. We certainly have a future if we secure funding and keep revenue coming in, but the immediate focus is getting the plant working with reliability. I am sure the board is focused and doing what ever it can to rectify the many problems, once done and we drill the 2 smaller oil wells then revenue again comes in and this should solve our immediate cash shortage and then Wannamal and that will go along way for us to secure a future. All the best and relax. We all have too we have no other choice but to wait.
- Forums
- ASX - By Stock
- EGO
- energy crisis warning for wa
energy crisis warning for wa, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)