Ann: Sino Gas secures A$29.4m Funding to Increase, page-10

re: Ann: Sino Gas secures A$29.4m Funding to ... ST are not everyones cup of tea and they are in the game for profit as are we all.

With Prima they put in $12.2m over about 18 mths and saw them through to the next stage of development.

Bear in mind they have just terminated as well on favourable terms . ST have invested a further $2.5m on termination.

Whilst some shareholders appear to become paranoid about a company jumping into bed with ST blaming them for every quiver in the SP at the end of the day all seems to end well.I dont think they are the predatory vulture some claim.

There may well be a few buying opportunities over the next 12mths as there were with BCC & PRR where the patient will be rewarded.

ST get their pound of flesh through the ultimate increase in SP not a decrease and they dont pick many losers.

There will be alot of angst from some SH re ST but they do stump up the cash which we have to have. Remember what the CBA did to OZL.