Replies to post #16995 on Empire Energy Corporation Intl. (fka EEGC)

[Belg]

Right! At least one wise person on this board!
Thx Howardhaftel.

[sopmodman]

I think most important is the control of the company to prevent a hostile takeover. Malcolm can now hold tight until the company is at its maximum worth for him and all us shareholders before he decides to sell any part of it. Great forward momentum.
Batting

[martinm]

For the debt position of the Company it is a good move. For the position of Malcolm too. Either to drill a hole I understand you need a $ 9 million. From what source will that money now come? The money that remains out of the RO isn't enough. What make you so sure that the money is enough to drill? Or is the thought: before drilling we additional have the loan of Sure?