Hi Poyndexter,I am still pretty optimistic about EPG, especially...

Hi Poyndexter,
I am still pretty optimistic about EPG, especially given the CBM boom is getting some legs again. If companies like Icon can drum out such interest given their low recorded flow rates in the middle of Australia on the back of MOU to export gas when facilities still don't exist, you'd think EPG could drum up some support in the middle of Europe with European prices several times higher and with easy access to transport infrastructure. I agree, once the convertibles are resolved, even some modest gas flows from Folscviller should see a return of capital and some money for some more holes and Gazonor refurbishing..
Maybe EPG need to start spruiking their tenements to the CBM industry in Australia to ensure it is foremost in the minds when some players are taken over and they have cash to spend on looking for the next big thing.
Fingers crossed. I think I am a little emotionally attached to EPG, but think my optimism is justified given current low prices and potential upside.