BrabusI spotted at least 4 posts whingeing about the AGM being...

Brabus

I spotted at least 4 posts whingeing about the AGM being so bullish just before a poor flow test announcement and the 'dodgy timing' of that. Rubbish! Considering what they have achieved to date, why would the meeting have been anything but bullish.

Let me remind people:

- success rate on exploration wells: two from two
- a development plan for 330 which makes ERH worth at least 50c (after receipt of option excercise and call convertings which would deliver around $50M to company)
- raising $7 million (oversubscribed!) at close to SP in a market where it is relatively impossible to do so

What did people expect at the AGM...that the above was tragic???

Cdchi1