I resent the email...maybe some other shareholders should get on...

I resent the email...maybe some other shareholders should get on their back too.


Please find below a recent email that I have yet to get a response to.

Dear European Gas,

I have been shareholder in the company for a significant time and have been encouraged by the recent progress with Gazonor and Folschviller 2. The potential of this company is huge.

One thing that has surprised me has been the lacklustre share price response, especially to recent announcements. I follow several other coal bed methane companies in Australia and some with much less potential than EPG are trading at relatively higher market caps (SHG springs to mind). I realise you can not control market sentiment, but it seems that there is little awareness in the market of what the company is doing and its enormous upside, despite the fact we are in the middle of a CBM boom, so to speak. Also, on stock online forums, there is hardly any interest in EPG compared to some pretty sub-standard micro CBM companies operating in Australia. Added to that, we have someone quite happy to cap and manipulate the share price these last few months. This is quite obvious if you watch the course of trades and realise that day-traders are not very aware of this stock yet. One of my major concerns is that when the French listing comes, that the price will be lower than it should be relative to it potential, which will mean more dilution for existing shareholders.

I am not sure what can be done. But anything that can lift the profile of the company prior to the big announcements expected in the next 6 months is important to ensure that there is wider interest when it comes and that there is an ability to build on some already acquired momentum (of which the stock price has none of at the moment). I'm not sure what to do. Maybe a spot on BRR.com.au or some brokers presentations are in order.

I know these types of shareholder emails are annoying. But it seems that EPG is flying too much under the radar of investors in Australia and needs to improve its profile before it makes its big announcements in the next 6 months. Just look at the shareprice response to today's (now last weeks) fantastic announcement. I am really stunned given what that announcement would have done for better followed stocks trading in the market.

Anyway, thanks for reading this