Ann: Major Upgrade in Red Gully B Sand Gas Reserves, page-50

Because at the end of the day it was a significant increase in reserves.

Come on Board ...can you see the message in this? You need to go to the bank & borrow the money to payout ERM now that we have those great reserve numbers as collateral & so we can move forward. No one likes the idea of ERM getting more (obvious by what has just occurred) after all we should all be equal in our sacrifice & anyway they will do well like the rest of us with their 20% ownership once the share price appreciates.