Thanks for the reply Zadig, I checked out Composite Energy ( I did not a lot of useful information on them)and then IGAS.
Compared with IGAS, EPG's Lorraine resource is huge (5x) if I'm not mis-reading things. IGAS have just commenced sales of electricity to the grid. EPG look set to follow the same path.
IGAS have a market cap of 47m pound. EPG, 48m AUD. While IGAS are selling electricity now, the EPG are planning the project.
Based on the too crude a comparison, if EPG can get their act together for funding or find a good JV partner, they certainly look to have a lot of upside.
EPG Price at posting:
23.0¢ Sentiment: None Disclosure: Held