Vulcanis, I can see that you are concerned about the future direction of EPE. This is a high risk stock with limited ground position but tremendous management assets. EPE has in the words of Ray Shaw (chairman), the support of significant broking houses who I believe will be highly supportive when the right resource opportunity comes along.
The Chairman has indicated that they have a number of opportunities in their crosshairs. I guess patience is required. I meant to ask about the latest announcement when I rang EPE but got sidetracked. Following the discussion, however, I felt reassured that trust in the ability of management to create shareholder value will be well rewarded. We may find that the company will broaden its footprint to include other resource plays in which they have significant experience eg coal bed methane.
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Vulcanis, I can see that you are concerned about the future...
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