EGO 0.00% 12.0¢ empire oil & gas nl

Pointless whinging...., page-40

  1. 5,453 Posts.
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    It seems EGO is cutting it very fine. The admin costs though appear a little bloated.
    How much is EGO paying FTI Consulting for their contribution, and what ever happened to Read Corporate who used to be EGO's mouthpiece.
    Did EGO go the competitive tender/quote for their services?
    They seem to go the competitive route with just about everything else.
    And about that competitive thing. Can anyone put a meaning to the word "actively" when the board is looking for someone to lend them $15M to pay ERM.
    Seems to me they are door knocking but nobody is interested.
    I wonder how many doors they actively knocked on and how many more they are going knock on before they have to announce to the market that debt financing is not going to be an option and they have to sell the plant in a fire sale?

    I am not negative about EGO but am bloody concerned we the shareholders are going to be skinned.
 
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