lng stations aim to drive fuel switch, page-3

I suppose patience is the key. Wanting EDE to take-off and attract large scale investment means we see these opportunities (Australian stations on East Coast) and hope for a quick response.

The Indian trials and the scope for success in India appears to be the prime focus of the company, tied of course with the US interests and research in Australia. The Bus trials in India are the ones worthy of our most immediate attention.

The financial position seems sound, with no foreseeable reason to raise capital. The gas/geothermal resources are likely to be spun-off and there are a number of other 'irons in the fire' as it were. Any one could be a red hot poker to investment.

The sp will respond, as we know, to any positive announcement. So I would expect the holding and acquiring to continue until the information re the trials comes to an announcement.

My take on it then is that the Australian opportunities could be of interest down the track, but the potential in these burgeoning and almost assured markets is paramount. My prediction is that by year's end (if not within months), the Indian trials will be up and away, with positive results.

The potential for massive growth is there and Eden is well placed, by all accounts. By my reading of things, we should see rapid positive sp movement on the near horizon, particularly if largish investment houses come on board (from Australia or O/S).