EGO 0.00% 12.0¢ empire oil & gas nl

ORG/TSV, page-4

  1. 4,299 Posts.
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    Strawman68.

    I do not think you know what you are a SH of.
    AWE have a cap of $300m for everything Origin have 50% of 1000 acrs and for that 50% they are asking $300m that is twice AWE market cap.
    EGO have 9000 acrs as we have no money It would be reasonable to think they would want a % of our concessions which are worth more than our market cap of $33m that is my take on the situation .
    The price people are willing to pay is not always the value of the item.
    I am sure Doc know the value that is why is is putting a big effort to get it realised who is going to do that is yet to be known.
 
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