maoming china fund, page-9

hi loki

Good to see you in bed with the Chinese - just joking mate :) You are doing much better here than me - I am still underwater hoping for this frog to turn into a prince.

Can't see why they would want to take EPG over - what Australian csg companies offer is the proven technical skills to extract the gas - many around the worlld have tried but only in Qld and the US have they been successful.

My guess is that if they take the company over they risk losing the Aussie managers and connection and could end up being all dressed up but nowhere to go.

Hopefully it is merely a fund manager making a strategic investment (?).