EGO empire oil & gas nl

ERM wants us, page-8

  1. 283 Posts.
    First up vistica this deal is not liked by more than you may think, and more important the markets don't like it.as it shows in stagnation of share price, even with empires outstanding board members with letters after there name.

    genreal question too all:
    first of all I think lani62 spotted it reference to ERM holding surety for loan .

    how is it possible to offer the mortgage of the plant to ERM for the loan ?

    the way I understood it was Alcoa hold the proverb key to the plant until end of trench one is payed back in September 2015.

    can we double mortgage something like a gas plant? Is it legal ?

    lets delay this vote tell we get reserves in for B sands and empire board have a drilling time table as I am very untrusting now when coy says to fund permit retention, or do coy mean keeping them eating at Perth best dining halls?

    here's a idea, ask the J/v partner to fund there side of the black arrow & charger commitments as contracted to do. Share price rises and do a small capital raising to pay off the permit min- up keep. And find some dam farm in partners. Empire is becoming a joke of O&G sector.

    we must be considered by fellow O&G coys as wall flowers, we want them to buy us drinks all night but don't really want to spend the night.

    goodnight
    boeing777
 
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