I cannot see any other way to go forward. If the deal is not done EGO will go no where.
If we do not strike oil or gas we are in the same position.If we strike oil or gas there will be no top up we borrowed $25m on the last one. If some one is waiting in the wings there would be a confidentality agreement in place until the deal is done.We just want KPMG report to see in the deal is fair.
EPW Price at posting:
$1.72 Sentiment: None Disclosure: Not Held
EGO Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held