announcement out, page-3

Interesting.

According to EGO's response since 25/9/13 ERM has sold 30,842,107 shares to reduce their holding from 10.0% to 9.51%

Funny that EGO are still claiming 76.39% interest in Red Gully despite this not being ratified by the DMP or a court.

Still no explanation as to how or why this action should delay any plans for drilling nor any clarification of the comments made by Brooke about being in caretaker (mode).