I hope you're right, Tretch. But I have moved firmly into the pessimists camp on this issue, viz the director's resignation and what it might portend. I would like to think that a big oiler, pref Woodside or Santos, but in the end, anybody, would take a major stake in AEB. I would love to see more cash in our bottom line and some guarantee that we will see this thing through to completion. Speaking of cash, I found the voting on the La Jolla Cove issue last week interesting in that, considering the 200m shares owned by the directors, there were considerably less than 200m shares that voted. Maybe, La Jolla Cove have worn out their welcome at board level. But the issue of funding this operation remains, and there isn't too much money in the bank.
AEB Price at posting:
24.0¢ Sentiment: Sell Disclosure: Held
