Ann: Appointment of Exploration Manager, page-46

We can speculate and surmise all we like, but that won't make a dot of difference to the outcome.

It is fantastic that EGO has quite a spread of options, and now the competent people are engaged to determine which strategies need to be put in place in respect of each prospect, and in which priority or order they need to be pursued. This is called a STRATEGIC PLAN!

As shareholders we don't actually run the show, notwithstanding our hopes and dreams for the company, however I am hoping that the essential STRATEGIC PLAN which it appears has been avoided/overlooked by the former outfit can now be properly set-up and placed into operation.

Along with that process, I think it is time for some disclosure to the market on the STRATEGIC DIRECTIONS for EGO, including a detailed update on which matters are resolved, which are still in progress, and which initiatives are coming into play. I would hope this important process in well and truly underway at this point.

I am curious about if there are any diverging priorities which appear not to be getting the RGGP production and supply sorted as top of the list? I doubt there would be, but I certainly do acknowledge the 'significance' (there is that word again), of the 3D seismic.

Likewise I would guess that anything further on Rough Range might be thought bubble in the short term, rather than of definite strategic value.

Strong strategy, and best use of resources is about Quality Management, and even small companies like EGO, can become great success stories with the right strategic approach by Management.

Power on - EGO!