EGO 0.00% 12.0¢ empire oil & gas nl

One innocuous paragraph from the Annual, page-17

  1. 25,508 Posts.
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    fwiw, I'll put my two bobs worth in....

    The reason we have so many disgruntled shareholders now is because they were basically sold a pup
    when the Marshall regime was in control and kit67 was running rampant on the HC forum......
    People bought potential and paid too much for it, myself included but I have averaged down
    and .8c will get me square.....Our gas plant probably cost twice as much as it should have and
    didn't work properly......Anyway at the moment we are sitting on over 10B shares with a far
    better run company just commencing to make money but nowhere enough to keep that amount
    of shareholders happy...
    So what have we got to sell?........Still potential, great assets but still only speculation at this stage...
    When we get that drill in the ground and if it comes up trumps sentiment will change...
 
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