The problem for EGO is where is the $10m going to come from, particularly if drilling is the first priority.
The LPG market in WA is mature, Wesfarmers Kleenheat gas is the major supplier to the rest of the country but exports the majority of its production overseas.
EPW Price at posting:
$1.85 Sentiment: None Disclosure: Not Held
EGO Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held