The board had 33 meetings in less than 12 months with no indicated result in the quarterly. I reckon we are already paying for this as shareholders.
A change of board and direction would IMHO be a good thing as under the present leadership nothing is happening except failure and revenue being spent on what. Already behind the eight ball $3.3M in the red, a dud well and with new seismic planned but it is dependant on funding. Just like the 4 wells to be drilled in 2016.
EGO Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
