h,I have to say that I took advantage of that peel back on BOW...

h,

I have to say that I took advantage of that peel back on BOW adding significantly to my long term investment with a good short term parcel. Opportunity presents itself and you take it. ESG is not without risk and they have had some actual problems rather than a lack of interest in the face of a stellar rise (BOW had only carried out a capraising in Feb/Mar at 27c) - which is the main reason I believe they pulled back from highs.

The difference with ESG is they are below the SPP and people are waiting...waiting...waiting for the upgrade. I would have to say that ESG management have absolutely painted themselves into a corner with a requirement to deliver by EOY. They created that requirement. I am happy to let it swing as I know things dont always go right the first time. As long as their knowledge base on the resource is growing, then this will increase their chance of success for the future pilots leading to a more efficient company. Yes I am being patient.

Still undervalued imo.

SF