this is starting to look the "goods", page-51

Hi Fluffy,

If we believe there is gonna be some positive news on the debt restructuring, I would also expect EGL to raise money (I would actually expect EGL to raise more than EUR10m if EGL is serious about developing its CBM assets).

But I would not understand the management if they were to raise money at a price much below pre Gazonor acquisition levels (i.e 60cents +) especially now that the cost structure has been significantly reduced, new permits have been granted and a new reputable team is in place.

That's a pretty significant upside from current prices.

Bartom