announcement 4 - nbt voting intentions, page-2

Take 2. At the behest of the Mod, I will try again to make my point.

As you have seen KAR have as of yesterday signed a deal worth $800,000,00 with ORG for 40% of a deposit in the Browse Basin. I know that each of these deals has it's own different metrics. However it does underline the fact that there is a very healthy market in Australia and overseas for gas assets.

Now tell me again how the board of NXS failed to get a deal for any of our assets. Were they not good enough or did they not want a deal?

It will be interesting to see what the administrator does with this. Clearly the assets are worth multiples of what we are being offered. I wonder if Deloitte have factored this new deal into their scheme and offer document.

I call on the gov't regulators to step into this mess as it clearly strikes at the heart of capital and equity markets here in Australia.

How can any investor private or institutional, local or foreign now have any confidence in the integrity of the Australian market.

It seems now that all you really need is some mates. Ex govt ministers now sitting on your board. Friends with the PM and the world is your oyster. All is forgiven, hardly