Empire Energy Corporation Intl. (fka EEGC)

[oilsleuth]

re. point 4. Smart Win had no influence on the granting of the reduced area EL 14/2009 which was solely at the discretion of MRT

MRT is not bound to disclose and justify its reasons and as far as I know it did not do so (officially at any rate) on this occasion. It may well have had doubts over GSLM's ability to fund its proposed exploration program (Bendall's underwriting of the rights offering with his $50 million personal line of credit) which as it turned out proved to be well founded.

It's a very long bow to draw to hold Smart Win responsible for the exclusion of the $1.1 billion paper "asset" from EL 14/2009 when Malcolm has already given the game away there with his threat to sue the Tasmanian Government if MRT does not reinstate the lost structures per his Magistrates Court appeal (which has gone very quiet - whatever happened to THAT?).

Mr Batista Esq. has his work cut out with this one.