EGO 0.00% 12.0¢ empire oil & gas nl

Looks like a T20 holder has had enough, page-87

  1. 4,299 Posts.
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    viney402.

    It is there but at the moment we cannot see the value.
    We have to pay ERM $15 M for all the concessions that they held plus the plant, pipe line and the farm.
    Can you show me in the accounts the value of the concessions, Gin Gin , Red Gully, Red Gully North, PL1 , PL2 .
    These had very little value when they took over and all have increased in value in he last 2 years but do not show in the SP.
    I do not think they will be included in the accounts until the $15M is paid.
    Have a look at Origin how much they want for there bit of AWE.
    Last edited by wabbit: 08/03/16
 
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