Madmud I guess even the ERG board did not expected that NSW has gone so far... it was only a month before the drama ERG CFO James carror has increased the holding of ERG share (300,000 shares or something)at 13 cents.
Also I listened to a media interview on early december BAC with james carror, who was realy careful and restrained in using the words to descript the whole story. But from that one can guess ERG has a lots to say but could not when the Contract was still there.
I would think Tcard will not kill ERG and risk is realy with the other porjects around the world.
In what ever case i do not trust ERG management anymore not even a little bits! they cannot even know where the company was before the crisis.
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