Todays announcement raises questions about EEG performing its obligation to keep investors timely informed. Previous company releases / presentations have outlined expectations of encountering valuable Kyalla horizon at 1400 metres. Its clear that company expectations about Kyalla were not met and shareholders were not advised. Drilling continued and company facilitated investor expectations about Kyalla were not corrected. No announcements about anything were made. Market was not kept informed.
EEG Price at posting:
41.0¢ Sentiment: None Disclosure: Held
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