EGO 0.00% 12.0¢ empire oil & gas nl

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  1. 1,680 Posts.
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    Harry, what is happening?

    Current share price reflects reserves at $10/bbl which looks to be overcooked .
    The factors I see as being.
    Production
    Points in the June quarterly. Alcoa nominations. Hiccup in the B Sands (condensate banking ?) spooking maybe the next report.
    Red Gully North
    Typical time frames in this industry. This is an important well to sure up production for our one trick pony, the B sands. The management are confident it will be a success but try and tell a fickle market.
    MIN
    The Kraken has yet to be released.

    Con Waiting.jpg
 
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