san fransisco

Hi all,

I have been reading your posts and share your despair, but I think patience will prevail. The Sydney project will not always be such a mess - it will get there! San Fransisco project appears to be moving along nicely and much welcomed by the public. Check out this audio on ERG's website:

http://www.erggroup.com/publications/details.asp?typecd=pro&newsid=14

Gotta think 10 years ahead. If I could, I would buy at current levels, the downside is small, the upside is huge. Project delays are very typical for new technology - but there will come a time when the ball is rolling, the money is coming in, and the share price will be rising. If ERG was to collapse it would have happenned a long time ago.

Another thing that many people seem to forget is that about a year ago Westpac bought about 10% of ERG. Do you think the "smart money" would do that if they couldnt see into the future?

Walt, MichaelIrish always enjoy reading ur posts. Keep up the good work.

Cheers,
Nick