ERM Loan, page-68

Ahjay sorry if I upset you but I suppose I am really getting frustrated on this forum said i would get off it then got asked a direct question.

I suppose you copped it because it seems that there are always two sides and when you add it up the only solution for everybody to be happy is for both sides to get what they want - the only way for both sides to get what they want is for ERM to just stop being commercial and to forgive the top-up , and then to get TI to step down as chairperson and then to restructure the debt. I apologise as you have always been sensitive to everyones points.

Really I am not trying to drive more wedges its just that this is becoming impossible and the only outcome is really for this company to be taken over by a real explorer or for us to raise sufficient capital to get rid of ERM.

My frustration is that really it would have been better if this whole 249D had not gone through. Its made ( my opinion) ERM become an oil and gas financier and its stripped the O&G explorer style management out of EGO without replacements ( my opinion) and really what have we achieved - A rudderless (or so it seems) board that doesn't seem to be able to communicate or create adequate understanding.

Its like watching banned Footy players training - its just really sad and frustrating. Any suggestion that will keep that status really freaks me out.

Sorry for ranting at you. I really think this will be my last post on here for some while... Not trying to escape its just that I don't really think its constructive as the solutions cannot ever satisfy both sides.