Well it wasnt the best day for EPG but after the recent run, some consolidation is a good thing, just hopefully not for 6 months like last time lol.
Anyway, we should have some news coming out of france over the next couple of weeks or so:
1. Awarding of the Lons le Saunier permit
2. Drilling updates from Lorraine
3. Possible CAC listing - although this may be in the latter half of the year.
While mulling away the time, some useful sites are:
http://www.charbonnagesdefrance.fr
http://www.industrie.gouv.fr/energie/sommaire.htm
these are in english as well as french and provide some useful background on the energy industry in france, particularly the "securite" issue which is very dear to the french hearts at every level but particularly when dealing with russia.
Basically, the French likely "buying French" and therefore, if our company is up to the task, we wil be a supplier of choice in the market for as much as we can supply.
Well it wasnt the best day for EPG but after the recent run,...
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