Member Info for stokie1

For Will to talk about good news on Sept 5th we need an RNS and time is getting very short.

I totally agree Tovoc - EG is the only thing that will save eog.

And with nothing recently reported on EG I am becoming increasingly nervous.

Anyone worried about another capital raise?

I can't see Ireland happening and if EG fails Holland (after Serenity) will be toast.

Surviving purely on the back of Wressle is imo not an option.

Not long to wait.

I do not believe there will be any NEW news at the presentation next Thursday.

These boys are great at under delivery.

Yet another spectacular own goal by our esteemed eog Board.

Suet

Yes 2014.

Although it is a shame that the resolutions were incorrectly drafted for the GM the response from the eog Board appears to have damaged their credibility even further. It has also brought the spat more into the public eye.

This is good news.

However to remove Holland - we need 50% of the votes cast at a GM. Let's hope that can be achieved.

Stokie

When I joined the Action Group I received a short paper on the proposed strategy:

- boot out the remaining excutive board via an egm

- appoint the well qualified Paul and Erica in their places at vastly reduced salaries. They have significant shareholdings and founded eog in 2004

- run the company as a £10m company and for the benefit of shareholders not greedy directors

- stop reviewing crazy projects assessed by expensive consultants and concentrate on one or two sensible ones that can be internally assessed by the new Board

- consider a trade sale or merger

In my opinion the above is far preferable to continuing with the status quo.

We need action to try and recover some of our losses.

Stokie