Hi Stowaway,As discussed at the last EGM, both Peelwood and...

Hi Stowaway,

As discussed at the last EGM, both Peelwood and Elsinora might be wrapped together (or separately) in a nice red ribbon and sold off.

The reason for it is that Elsinora requires a lot more drilling (costly) to prove it up and we are too focused right now on other, possibly more substantial and more immediate projects in Europe to justify the Capex on our Australian projects.

That's at least how it was portrayed at the EGM.

I must say that I agree with this analogy and today's lack of selling (on fact) shows me that most of the recent buying had nothing to do with Elsinora.

Just my opinion.