Just back from my local wine exchange and got a hold of some great short term stock for a good price. About to excercise some due diligence on the white..If it stands up to the task I will be out there buying more tommorow.
Podium Energy is also a major shareholder as well..maybe ESI gave them shares in leiu of work performed to get TINCOM?
The next 3 months will tell the story for ESI. They need to start cranking the marketing machine up a few notches quickly and feed the shareholders some news.
Nothing worse than a spec stock stalling on lack of news.Once shareholder momentum is lost the danger is losing shareholders forever to other stocks out there that are going gangbusters in the 10-50c region eg MEO.
Posers that need answering (IMO):
Does anyone out there know definatively when the SPV is being formed with Tincom?Must be with Deacons (Solicitors) by this stage.
Will Tincom become a shareholder in ESI?
Will Tincom pump in a lump of cash into the SPV or ESI?
Will Tincom take over ESI?
Will the positive plant trial in Kalimantan result in revenue...if so When?
What the current state of play with ESI and LY coal in LaTrobe?
Whats happening with GRID and ESI?
Will the Sun come up? etc ,etc..
Lots more questions but hey lets hear something from the horses mouth on these at least.Stick it in a Current News tab on the website.
ESI..Keep that marketing momentum going ..for the sake of the faithful.
Ahh yes ..my latest ST stock (Sauvignon Blanc) purchase is tasting great!!
Cheers ,must eat now! back lateretni
ESI Price at posting:
6.3¢ Sentiment: None Disclosure: Held
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