Ann: Selective Buyback Offer Documents , page-6

Oh, and we lose the Buru Royalty? if we elect to swap our shares, although it is not a lot of money (around £17,000 per annum):

"EGL Eligible Shareholders who elect not to accept the Buy-back Offer will remain shareholders
of EGL which will itself be a shareholder in EGL UK and will hold other assets including a small amount of
cash and royalties received in relation to some Australian oil and gas interests (?Buru Royalty?)."