re: Ann: FUT: FUTURE CORP TO INVEST IN COAL S...
Good to see you posting PD. One line in the announcements caught my eye being about BG having a tenement nearby. Didn't know that BG was having a go in France although I would suspect BRITISH GAS would not be a popular name so not likley to be waving the flag as such.
The deal with FUT will create value given that if nothing is spent exploring then they will lose it as PD had said use it or lose it and EPG is in no position to use valuable cash on those permits. All the cash will be used in Gazonor or Lorraine at this stage. Of course more money would have been nice.
cheers Icharus
EPG Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held