Malcolm Bendall (EEGC CEO) & Tim Baldwin (TXO CEO) have returned from several weeks of meetings in Korea with business partners, which my sources say went well.
Myself and other investors will be looking forward to several Press releases which will be out soon with the outcome of the Korea meetings and information on the mobilisation of oil rigs and other progress made.

April and May should be exciting months.


A note to other Investment readers: Be patient. Investors and General public are really the last to know about proposals for Licences, start dates etc… due to the fact that that there are many people involved; Business partners, Creditors, Local Government and other regulatory authorities. Press releases can not often reveal this information until transactions have been made or contracts signed as it could potentially jeopardise deals until they have been completed.

These companies are legitimate businesses who act with their own ongoing success and Investors success in mind. They are not scammers as 'Drunken Sailor' may lead you to believe. Here today, gone tomorrow, running away with investors funds. There is too much at stake for them, they are also regulated by by local governments and other agencies, and in order to operate their research has been independently verified.
Please refer to http://www.gslm.com.au/ 'Competent Persons Report - Assets of Great South Land Minerals Limited, Tasmania.' Prepared for Empire Energy Corporation International and its wholly owned subsidary Great South Land Minerals Ltd of Hobart.
This is a very in-depth report which was independently done and was a requirement for Empire to get it's initial Licence granted by the Australian Government.

There have been several articles referred to on Interactive Investor referring to Low yield Coal which was not economically viable. These are outdated.
Coal is graded and High yield Coal is rare to find. High yield Coal typically has a TOC value below 100. But even Low yield coal is useful. It's economic viability is then determined by the size of the deposit and how easy it is to be extracted. Note that both mining equipment & techniques have improved and Transportation services have improved since early reported findings by others years ago. Core samples from various sites have found Coal with varying values from Low to High and Coal seams varying thickness. Some coal…

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