1 jambury 2011, page-3

Holy,

Interesting post.

'Lost' in Rasta, must mean the same thing as 'opportunity cost'. HGO have 'missed out' on a subsequent 6.5 cent gain in ESG since settlement. No money has been lost.

The other thing that interests me is you first posted on the HGO thread as a holder with a buy sentiment AFTER settlement with STO. Around 23.5 cents? But, you think Kanmantoo is a lemon.

So, why did buy HGO then? Presumably you did so for the top-up clause exposure to ESG.

So, I am unclear about your concern about the 16 months still to run. Do you now fear ESG will not be taken over during that time frame? Or, do you believe that a takeover is still likely?

Y