EGO 0.00% 12.0¢ empire oil & gas nl

"You would have to do some more hard yards in the short term...

  1. 25,541 Posts.
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    "You would have to do some more hard yards in the short term with cash flow but the market might see this as a positive"......Good reading Harry, more thinking outside the square is good...

    Harry, whilst this might be a good idea for a company flush with funds Empire is hardly
    in a position to head down this road.....As you would no doubt know the first and most
    important thing a lender asks of a borrower is how do I get it back......

    I just wonder if ERM might be a bit lenient with repayment terms if there is the
    possibility of SP increase due to Empire having access to their current funding and
    thus giving us a chance to establish a cash flow that doesn't come in one door
    and go straight out another.....
 
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Currently unlisted public company.

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