EGO 0.00% 12.0¢ empire oil & gas nl

Morgans cuts EGO to 67%, page-12

  1. 25,498 Posts.
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    OK everyone, the boards no good,they have wrecked everything......How you get rid of Garrett
    I don't know, how you get rid of Vincent I don't know....The other two no doubt could be
    persuaded to resign.....What happens then.....Two new board members and presumably one of them a new
    chairman.....Can't change the consol, that's here to stay, pointless even talking about it....
    How long to book another drill?, How to pay for said drill?...How to interest farmin
    partners with a revolving door for management....How do we finance another drill if
    we have to pay for upgrade of existing plant if RGN comes up.....Where's the bugs bunny?
    Don't worry about AWE, they have been in doldrums for so long they had to sell one
    of their assets in a deflated market to keep their heads above water.....Their SP
    didn't go up because they are going exceptionally well....They haven't released to
    the market their revised guidance for selling an income producing asset.....
 
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