pipeline, page-32

GDay Bolat,

I am sure you are still holding shares because you have some dream of great eldorado outcomes from this company.
Thats okay - truth be known most of the folks still holding with fingers toes and everything else crossed, me included?

But! Have you not yet realized that EGO in the big picture of things, is but a speck of fly poop on a very black back ground. Even if the results of this well are really good, I very much doubt that fantastic news, if and when it comes, would have the seismic magnitude needed to jolt the market out of the doldrums as far as EGO's share price is concerned.

When we are producing double the gas and condensate we a currently sending into the market, we might see some more telling ripples on the pond.

Besides if the whole market were jumping along very positively at the moment, then EGO's situation would look a bit on the sad side in isolation. The reality is that we are trying to attract attention in a market where no one is listening, because everyone is bunkered down or holding thin positions in a market which is well short and off its highs.

More patience is rquired, and for those that think the Board and the EGO share price are immune from the broader market influences of our times, then it would seem any logic that might be seen in the bigger picture circumstances has left the building with Elvis.

I am still quietly optimistic about good outcomes for RGN.