great opportunity, page-22

Rupert Downunder
Apologies for any trouble caused here. If some of us appear off the radar and seem to be a bit like vultures/and or dopey mug punters - I am sorry - but when I saw this today I had to jump in again to see where it went.
Minuteman/trader - yes - guilty as charged - have done a bit of that and will keep trading if I see a opportunity. If I had kept every last share from every last run I ridden - I would be a very unhappy holder ATM. And I do know what it is like to watch them drop as i hold, and will in the future. But I do hold what I like/freehold wherever I can - and ESI is no exception.

Had a look recently over an "8 elephants" of mining specs list compiled last year by a HC poster 12 months back, recently - and the current prices are not beautiful. Trading the lumps - however - would have been a very different picture.

Watching the buying today - it was like a vaccum cleaner millions gone in minutes at the start. People are keen on the story and happy to see an aussie company in with a chance.

Dilution yes I agree - and forgive my lack of understanding here.

But in any case, in theory, if this was the deal of the century, a determined ESI punter (longterm or shorter term) or two could have dropped $320K onto this today, ridden over the top of everyone, and grabbed 40Million ESI units at worst case of 0.008 (the buying was a bit lame at 0.008). Thats about 3.5% of current shares on offer (yes I am foggy on the future dilution ATM). In my books, diution or not, that is a fair whack of immediate voting power in one very hopeful spec. Whether that vote is woreth squat is a different story.

Every day aussie tech/mining/farming/business are sold out the door. Yet we happily pay $500K for a boring cash trapping house - then give the bank 7% for their trouble.
Meanwhile the same money isn't helping keep our share of aussie companies in our pockets - ready for the day they pay dividends. Instead we let them get sold cheap.
Looking forward to seeing this unfold.