Ann: Q&A - ERM Power transaction and AGM, page-12

Dont agree as I think that at around 0.5c we will see a lot of punters prepared to take up a few. I know I will so then that gives ERM room to purchase more as well. So say we get another $4 million they can then and will add another $1million.

If it gets lower it may well be a huge number that takes up the offer. We are in favoured O&G pricing range between 0.1c to 0.5c.