EXPM:EGRGF - Post by User
Comment by
downtozeroon Jun 12, 2018 12:11am
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Post# 28157931
RE:2018 AGM Proxy Votes
RE:2018 AGM Proxy VotesI'd say worse.
They borrowed up to their debt limit last year and had to sell Texas assets.
They are prepared to bet the entire company on the north Texas potential (risky).
They aren't providing any forcast for BPD, revenue, profit, etc for 2018.
Their monthly statement is only a restatement that they are betting the company on north Texas.
They've given no news on the one new well (worrying at best).
They've given no updates on BPD on last year's NT well, only stating that it's doing better than expected (whatever that means).
I don't think they have improved.