In the correspondence received from Monash Capital, Mr Neil Youren states, “We are naturally
frustrated by the delays experienced in finalising our funding package. However, we reiterate our
commitment to ECT and our written offer of 18 July 2012 to subscribe for up to 300 million Fully
Paid Ordinary Shares (ESI) at $0.02 and 300 million Listed Options (ESIO)”
Strong language- Today's ann is unfortunate, but there's still alot of promise.
boarding passes issued...will we take off., page-81
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