erm vs. lng, page-2

That's a fair question masterfoods.

However, my belief is that ERM's presence is a likely indicator of a JV to come, as they have so much to offer the combined entity by way of their (ERM's) experience and expertise in developing & running gas fired power stations, AS WELL as engineering pipelines.

They have additional unquestionable, and invaluable nous in regards to dealing with the various gov't regs, red tape and media with CSG being potential hot potato. This experience has been gained across several states.

While LNG may or may not remain on the MEL register, (with their Chinese backers it's odds on they will though), it's a safe as houses bet ERM aren't going anywhere.

And lastly, no I'm not aware of an overseas interest in ERM, the directors own a wopping percentage of shares themselves, trading indicates a very tight register.

Regards,

Lilac