Pointless whinging...., page-14

At the time if I recall ERMGas was still a viable entity within ERM with at least one other joint venture to EGO with MEL but as well as holding permits in its own right.
I would not be surprised if there were plans afoot by ERM to hive off ERMGas into a separate company. I believe KQ was in the employ of ERMGas at that time so he would know what the plans were for EGO and for MEL before it all turned to shite at MEL by the greenies opposition to its drilling a well which left EGO to deal with the plan gone wrong after ERM shut down ERMGas and exited the O&G sector.
TI is the only one left at EGO who knows the plans and it is no wonder his board did not want him as a director, the beans would be spilt as to what the machinations were and how many of them remain in play. It would be highly embarrassing for some people as to how shareholders were played in that 249D action by ousting one board and replacing it with what the company now has, and a debt the company may find it difficult to repay according to its auditor.
Unfortunately we bunnies now have limited means of recourse after the last AGM which means we sit and wait and hope this board deals us a hand where most can get out without too much of a loss.