Ann: Notice of Extraordinary General Meeting/Proxy Form, page-20

"Finish the plant and make cash" - yep exactly!!

I was in and out of ESI -> ECT for over 10 years and over that entire journey they sucked up shareholders' hard earned with no foreseeable returns of "cash". I got out entirely in a series of sell-tranches during last year's pump, not on the basis of opportunistic trading, moreover on the suspicion of management ineptitude after shareholders had been constantly bled and bled for over a decade to buy multiple ingineerin this and ingineerin that, over and over to the tune of $80m and counting (I have lost track of the actual number). All that cash wastage for nothing but castles in the sky promises and still it goes on.

Good to read that some HC punters are changing their tune at last so I wish for most to get out with some net returns for their castles in the sky "investment". In the meantime some should look up Charles Ponzi and make some comparisons.

GLTA - FWITIW