My hope for the company is Farm-ins, from the Big players. My wish List (in random Order) Shell, Santo, ENI...
For Me, I'm not interested in T/O's, as I think there is greater monetry value for each SH'er if EGO develop these Gas Fields, and Farm-ins would nicely fund this future Growth- Pending Gas Quantity and Quality.
Although, it does pose an interesting line of thought- If there was a T/O threat on the Company, how aggressively contested would the T/O be? You have Alcoa and potentially ERM wanting the Gas. So, would either of these Companies want another Company controlling this reserve,and dictating Gas pricing?
Or
Would either or both Counter the T/O Offer????
So many possibilities and no immediate answers.
I guess I'm happy just sit tight and wait and see what the future brings.
CW
Disclaimer: My views and opinions are my own, Do Your Own Research (DYOR)
EGO Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held