ECH is definitely not plodding along. I though Jefferies was very clear when talking about the CUE holding. They are happy with the holding and don't see any strategic benefit from increasing it.
They have the Booth drill spinning now, just signed game changing gas Contracts with the State Government, upped their investment in Mereenie, shut down the NZX listing and changed its name.
I have only been a holder for the last 18 months, and have been impressed with the activity level and the management performance.
I got in at an average of approx NZD 37.5 cents and very much look forward to the future.
