I have been going over and over this recent deal with ERM in my...

I have been going over and over this recent deal with ERM in my head to try and work out why on earth anyone in their right mind would strike such a deal. It just doesn't make sense. The directors own a large amount of shares and would benefit a great deal from them going up in value as would the rest of us.
The only reasoning I can come up with is they are willing to give up Annvale and Talma with a potential resource of 2TCF so they had funds to put into Yaraka which has a potential 10TCF resource and ROG can earn up to 100% in. The benefit of Yaraka is that it is also in Queensland where the government is far more supportive of CSG development, something which has been severely lacking from the NSW gov.
Anyway, if this were the case you would think the halfwits running the show at ROG would communicate something to this effect with us dazed and confused shareholders. Instead we are left shaking our heads in disbelief and amazement.