Evening all
My my my what value for money we get owning shares in EPG ... where else can you get such intrigue, such reason for introspection and exhaltation, more emotional highs and lows and coincident doubt and confidence lol?
So what is driving the sp resurgence over the past week or so? Imo, it isnt the imminent pilot drilling program at Lorraine nor the prospect of the subsequent production trials because outcomes are too distant in time ... say 1 - 2 months for the pilot results and production results late this year.
More likely imo is (1) the possibility/probability of a GiP upgrade at Lorraine based on extra interburden reserves (ie within inert fractured rock between the various coal seams) accessible due to favourable structural geology or (2) granting of the Lorraine permit area extension or (3) initial GiP estimates for one of the other French or Italian permit areas or (4) a French stock exchange listing to make the shares more accessible to European investors who are likely to value the European gas assets more highly than disenfranchised Australian QGC/SGL investors (and NDO investors lol) or even (5) another substantial shareholder on the register.
Well, we'll just have to weather whatever the weather whether we like it or not lol.
Cheers
Poyndexter
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