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where is the date 19/10/2012 that money will be raised by then coming from?
Will TOG notice on the stock exchange?
Update:
PR is coming next Thursday and expect him during opening of the US Exchange...
Excuse me, but it's the other way arround!
Eegc will win the case against Smart Win...
Some more highlights:
PR will appear next week!
Lease will be approved this month!
Rig will arrive on Bellevue in November
EEGC will be the owner of the RIG and the Rig will come from HUNT
Start Drilling is foreseen somewhere in Februari
This is some more info from my inside...
If there are some more questions, I will ask and try to answer them, but neverthless, next week we have or PR with more info about this all!
Jersey,
once again, the drill will start somewhere within the first three months of next year! Not sooner!
There is a possibility the rig will arrive in November but not the start of the drilling!
greetz
The words from Jersey a Rig will arrive is thrue!!!!
According my inside information it is quite possible a Rig will arrive (also possible a month or so later)! What is not thrue is that they will start drilling! That's foreseen within the first 3 months of next year 2013!
A pr will be announced within 2 weeks from now!!!
Mark my words........
Where is the news of TXO about the convertible loan???
this week?? a pr??
And no news of TXO... Today was the day they must make a decision
Where stays that PR?
And is there no news expected from TXO today! It is the 24the of august and they must decide by today if they want to replace their convertible loan into shares of EEGC. NO?
Jersey, please explain, because there is no license
Strange Malcolm has a gmail address and not an email of his own company????
You're not even sure of a PR this week, so how can you be sure of drilling in November???
Almost impossible because, no news anymore of money in the pocket, gslm falliet and/or no license for te moment (All licences are refused for the moment)
Jersey,
all licenties for EEGC are refused
http://www.mrt.tas.gov.au/portal/page?_pageid=35,832420&_dad=portal&_schema=PORTAL
(How do you explain that ??)
Licence SEL13/2009 - unknown sq km/blocks
Status: Withdrawn
Holder: Empire Energy Corporation International
Locality: South East Tasmania
Product Category(s): Category 4 - Petroleum Products
Licence SEL3/2006 - unknown sq km/blocks
Status: Refused
Holder: Empire Energy Corporation International
Locality: Eastern Tasmania (Scamander - Recherche Bay)
Product Category(s): Category 4 - Petroleum Products
Licence SEL4/2009 - unknown sq km/blocks
Status: Refused
Holder: Empire Energy Corporation International + Geominex Resources Ltd
Locality: Eastern Tasmania
Product Category(s): Category 4 - Petroleum Products
Licence SEL40/2006 - unknown sq km/blocks
Status: Refused
Holder: Empire Energy Corporation International
Locality: Unknown
Product Category(s): Category 4 - Petroleum Products
@Crazyjogger925
and this means (In English), because so technical matter
In a federal action brought by Empire against Noble Trenham and others, including SmartWin, for violation of the federal securities laws, Trenham and others entered a consent judgment signed by the judge enjoining them from future violations of federal law in connection with their efforts to solicit proxies from Empire shareholders and to make any tender offers for shares of Empire. SmartWin was not a party to the consent judgment and it asserted that it was not subject to the federal court's jurisdiction. After the successful entry of the consent judgment, Empire dismissed the federal case voluntarily and without prejudice to renewal since the entry of the consent judgment resulted in Empire's securing of all the injunctive success it could reasonably expect from the federal case."
What do you mean, that the headquarters of EEGC will become in near future Tasmania in stead of USA and can you agree there will be an aquisition between TXO and EEGC? I'll hope it's a merge between the two companies and not a take over! Otherwise we will have nothing for our shares...
I'll guess bad news then for us as eegc shareholders
What will TXO pay per share
My average share price is 0,04 so far up the current share price of 0,0050$
Any Ideas...
Or are we talking about a merge of the two companies in stead of a take over!!!
Crazyjogger925
May we know about what you have talked with that gslm guy??
If you don't want posted publicly, I want give you my email.
Please let me know... tnx!
Does anybody here on the board known "Noble Trenham" ??
Doesn't this sound like knowledge before the company cames out with that news???? And therefor punishable????
Jersey,
don't you think because gslm was an asset of EEGC and now gslm has been wound up, eegc should pay the debts???
And has smart win responded to EEGC they do not wish to continue with funding and the joint venture. Or smart win was disappeared in silence???
But if you read the letter, then smart win hasn't done some mistakes. They must just let eegc know they do not want to continue with the joint venture! So on what base is the court smart win - EEGC ???
Crazyjogger,
where can we find that exhibit 6 of the n.y. state supreme court?
tnx
And the license then to drill Bellevue
By the winding up, EEGS has lost the licenses for Bellevue
All other plans now are Big BS! Take over of Shell or Exon, what a joke... !!!!!!!!!!!!!!!
Jerseyfish,
the news should be that license is awarded to EEGC and eegc has the money and eegc will start drilling...
all the rest will be BS and will not help to risen the stock price
Please Big gttom, can you provide the link, this will give us new courage that EEGC will be fine in the end!
Because now it's all about rumors and we don't know who to believe anymore
TNX
Excuse me, but if the wind up goes through then indeed all debts are canceled but that means that eegc is broken! What they can do is start all over under another name, but we as shareholders lose our shares (or invested money)! And it is not possible I think to move shares from a broken company to a new company
Also following comment:
TXO will come out of this smelling like a rose.
All the debt related to anything with Tasmania/Australia is in GSLM All others ar tied to EEGC. If GSLM goes down a lot of creditors will get stiffed and EEGC will continue to operate debt free excluding TXO.
And the licenses then, because those were property of GSLM but now GSLM has been broken
So this weeks, because there is only one day left (friday), this pr will released today ??
Crazyjogger,
is that bad or good news for eegc because I'm not that technically in this matter, can you explain in clear english what document will explain? tnx
Oilsleuth,
because I think they will wait after the meeting planned this week in Hobart!
But does somebody know when exactly will this meeting this week?
Big gttom,
nice information!
Can you tell thanks to this information why Smart Win will go in default against EEGC! In other words why Smart Win will lose the case in court against EEGC... ?
In my opinion more than enough paragraphs are included that eather Smart Win or EEGC can end their Joint Venture... What did Smart Win wrong so they will lose the court against EEGC?
tanks for the info!!!
Crazyjogger,
what went wrong at that time? Why was drilling not started, they were very close to it, just wait to the arrival of the Drill rig
What's got Smart Win to do with that PR?
I just want to know if somebody knows when this meeting will happen this week! Therefor anybody is free to answer that question!
When is that meeting going to occur this week in Hobart??
When will be that meeting this week in Hobart???
Hi Heraclitus,
in my opinion, eegc should now ask a renewal for the licences!
If gslm could pay the fees for it, I have no doubt eegc can pay it also...
Then once the licenses are extended, the loan with the South Corean company should become OK and drilling would start...
PS: is the status of the renewal for the licenses already updated on MRT site???
What I think,
gslm will pay the two companies! MB has the money!
How comes otherwise eegc (or gslm) could pay 22.000 $ and 800$ fee for the 1 year license... where did that money come from?????
Maybe it will first go in appeal, but if it that is a loss case either then it will just pay the money, but where it comes from is a big mistake for me... Where did the 22000$ came from!
What I do wonder is why if eegc has the money it just don't start drilling?
Can you explain the difference between GSLM and EEGC! I thought we were speaking of one and the same here?
Oilsleuth,
where did you get that information? tnx