In discussing AOE and EPG, were you refering to Nick Davies comment in the AOE 'Open Briefing' for corporatefile.com.au announcement/interview? (See below)
'Outside of our current areas of interest, Arrow continues to do scoping studies in various areas of strong market fundamentals and strong resource base. Included in these studies are South Africa and Europe. The latter is of particular interest because of all of the current security of supply issues for Western European countries and the strong CBM resource potential is some coal rich European countries. However, we have been keen to secure our path forward in our existing countries before we venture further afield – but the recent successes and momentum in international has brought this closer.'
Aside from EPG, he may have been also referring to PVE. I agree that EPG would obviously present an opportunity imo.
EPG Price at posting:
12.0¢ Sentiment: None Disclosure: Held