Pulled this out of the annual report after Poyndexter made brief...

Pulled this out of the annual report after Poyndexter made brief mention of it earlier. It makes for interesting possibilities and scenarios.

Part.8 Likely Developments

'The economic entity will continue to pursue its policy which seeks to provide sound opportunities for future development during the next financial year.

Likely developments and expected results of the operations of the economic entity in subsequent years are not discussed further in this report.In the opinion of the directors, further information on those matters could prejudice the interest of the company and the economic entity because these matters are currently under negotiation and premature disclosure could breach commercial confidentiality'.



Who could EPG be in negotiation with.....?

Off the top of my head here are a few.....

- A potential buyer with CBM production expertise.
- A potential partner with capital and CBM production expertise.
- Gas pipeline management in regards to a gas supply/connection contract.

The real positive out of EPG's statement is that they are not only already thinking ahead of the drilling stage they are actually in negotiations now.......... with regard to what is even more interesting.
Cheers Tapman