Thank you for your response PeterBills, good to see you back and providing views on ERG as the bulletin board should be for. The company is very slow at releasing public announcements and unless you checked the ERG website you would not know that the projects are progressing. Like you for the first time in years I feel the company can make it even without Sydney. With projects nearing completion and bonds/deposits/costs being finally paid for by the relevant transport authorities rather than ERG I cannot understand why future cash flow cannot be used to repay INGOT/Saville, instead it appears that the small shareholders are yet again going to be burned. I tried to highlight this a couple of weeks ago and got told I was schizo. Perhaps now discussion will move forward on the alternatives open to ERG rather than the assumption of the board of directors that we have no choice.
Thank you for your informed response
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1 | 200000 | 0.007 |
2 | 678714 | 0.006 |
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Price($) | Vol. | No. |
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0.010 | 96335 | 1 |
0.012 | 90000 | 1 |
0.025 | 199885 | 1 |
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