Hey Orga,
No one is bagging ERO. It's just a fact that when you run the numbers, MXR is better value than ERO.
MXR own 30% of ERO and 30% of Marree. What does that mean in real terms?
MXR share in Marree = 30% + (30% x 70%) = 51% (Have I got something wrong here?).
Hmm, ERO cap around 90m and MXR around 30m.
Hmmm.
Dr Z.