"Spoke to Adam the other day and stated my concern if the deal with monash was to fall through. And his reply was simply "there is always a back up plan".
The tech and the need, and the financial windfall, for company, investors, and more-so, end users of the products that ESI will deliver are far bigger than the 4 million dollar investment touted. If the money comes through, they had foresight.....if it doesnt, in time they will have failed their investors in hindsight....
We will be ok with or without Monash's money, the possabilities, and thats what spec stocks always are, simply possabilities, and probabilites, ESI are bigger in what they may deliver, than a 4 million dollar CSI in 2012.
A company going forward like ESI will have a plan B. There is no doubt, and as time goes on the plan B may well look better than the initial 4 million dollar giveaway.
It's not the importance of the 26th of July....it goes way beyond that... What really is brown coal without ESI...And many will have had that thought in their head for a while...Not just punters on HC.
ESI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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