My friend..
We went alone not because somebody "just" offer 1 million for 60%.
We went alone because nobody offer even something "acceptable". The lack of "acceptable" offers is the best prove how bad is the chances....
The board usually are good negociators, but sometimes they must think out of square..
They should redefine Grace drill doing and using all legal alternatives leaving this area to be the "last" one.. Too early to such adventure and too expensive to go alone.
Even Elvie should be better "target" considering the distance of Kontiki ..
Anyway.. This is past..
Now remains the lottery effect..
If we win....
Good day
Cato
Ann: Karoon November Review , page-26
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