sp range, page-10

Drazz this afternoon you said - .

" If the price was going to get to 8c then it would have already. period "
- not before funding it won't

Then it was ( in the same post) -
"lucky if it gets back to 3c ever"
- basically saying that the run it had a couple of months ago was as far or is the best attempt that its going to do and there ain't much left in it

And yesterday you said -
i beleive in ECT - Not Monash or affiliates.I'm here becasue I like ECT

Which is it Drazz? .

And you made your decision to sell, on an over run on an asx deadline which we were told it was likely to over run in an announcement but yet Monash did pass cash over.....that 500k on its own will send ARUP away on their drawing board and spec sheets and IMO very close to completion of DFT, the majority of the rest (of the 4 million now 6) is working capital which can flow in in stages if it really has to , to keep staff paid , over heads etc etc yes it would be great to have it in one big chunk; but it was never going to be used in one big chunk...


"Yesterday was the deal breaker for me. Its like having a girl you like lead you on in a way. Keeps stringing you along until you crack it."

With monash looking for 2 billion bucks ; I'm sure ESI is not the only one looking for funding from that pot; 2 billion is a lot of cash to be looking for in the current climate, but Europe got a bit of a positive news when Ireland came out on Friday sold close to 4.5 billion euro of treasury bonds to new investors steering the country further away from requiring a second bail out

http://www.reuters.com/article/2012/07/26/ireland-bonds-idUSL6E8IQDAG20120726

The European & states markets pumped up significantly on news; not saying the purse strings are going to burst open , but every bit helps. Not saying its all down to Europe , but I'd say it has something to do about it.

Dead lines set by someone else (asx) can't always be met; probably like me ringing you up Drazz and saying I have your dancing dog, get me a 500k by Tuesday or he'll never dance again....

You also said -

"Im not trying to play a game, i doubt 95% of people interested in ESI even know of this forum"

I know of people who have bought and sold out of what has been said on HC; I've seen Stuff said on HC in an evening on more than one occasion , (non announcement aided) and I have defiantly IMHO seen impact from that on the market the following day, might not have been huge but I've defiantly seen it; ive heard company directors & the guys on programs like YMYC say they look on hotcopper. it closed at 1.5c on Friday just about, it's running abut tender and IMO it wouldn't take a hell of a lot of down ramping to scare at leat a couple of nervous nellies that and on board that haven't done much research to jump off the boat and get it back down within a pip or two from where you jumped ship

But... IMO I don't see it getting back to the level of 1c you claim it will or to 1.2c where u jumped; I see the market having common sense and realising that the funding is coming and it will hang around the 1.7 to 2 mark.... on something positive all you will see is dust.

You have made some good posts prior to jumping and you came across as true believer; now you just sound like a mercenary that will say anything to get things moving your way.....

Move back , have it on your watch list, if it drops back down and you feel good within yourself to jump in , then do..... Just don't hang around trying to rattle people.