any agm comments from anyone else, page-20

Thanks M, P and W for your thoughtful replies.

If your reasoning is correct, and I hope it is, then 1) EPG will be huge and 2) this would have to be one of the all time great examples of big business inefficiency. In my time as an investor I have never seen such a golden opportunity be presented on a platter. I could excuse the Americans if they were too busy in their own backyard, but I would be very p'd off as a shareholder in a European energy company when I discover that some tiddler from downunder has stolen these treasures from right under our noses. It's not as though the CBM business has just appeared. These properties have been known about and ripe for the picking for years, if not decades.

Wiza - you may be right about the reasons for the cheap acquisitions from Enron, but this still does not explain why EPG's current applications are uncontested.

Mr H Wit