Ann: Equity Raising , page-20

Yeah ... dilution be dammed .. this is GREAT news!

ESG are intent on going it alone and its for everyone else to keep up. Maybe some should send Knoxy a pair of red buggie smugglers ... he's got some training to do !

Whats of most interest to me is WHO takes up the lions share of this placement ?! If they are Japanese then we 'know' the MOU's are a done deal.

Channelling Yaqona you have to say this simply confirms to the market ESG' growing confidence ... in the reserves upgrade later this year and in the improving yeilds from the pilots AND there are buyers ready to sign!

Which all makes a mockery of those that argue this company will change hands for a ~1.5 curent values!

good luck to all

sg