Looking at the half-yearly, the net income from Gazonor - about $1.5 million - is pretty much the same as the "financial expenses" - presumably mostly interest. And the cash flow statement suggests EPG only has enough cash to keep operating till September, even if they spend nothing on development/investment.
I don't think even well-head micro-generation can come online in this time frame, so they're going to have to raise money soon.
I still feel the lure of those huge reserves, but I'm sticking with the more staid PVE for the moment.
EPG Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held