The way I see it, ERM want their slice of the pie from EGO. They...

The way I see it, ERM want their slice of the pie from EGO. They have fronted up millions of dollars to keep the company going and to make the necessary repairs to the gas plant so that it actually works. They won't have done that without the big picture in mind and a pay day at the end.

That is business, pure and simple.

ERM are a listed company so ask yourselves this question:

If you were in their position would you have done the same? Would you have taken the same punt with your shareholders money?

Given the position and sentiment towards EGO (on HC at least) I would say that your answer is probably NO.

They have taken a calculated risk (gamble) with their shareholders money that so far appears to be paying off. They want to be rewarded for that, and in the process will drag each and every one of us along with them as the SP rises.

Again to the board I say hats off from me lads, keep up the good work!