Ann: Receipt of Non-Binding Indicative Proposal, page-87

I've been an investor for over 3 years and true believer in this project, and I think the board should tell them to shove it. Seriously, the private lenders didn't want a bar of this project, they were very lucky to get Fed and State Government loans and the smaller investors chipped in to get this project off the ground. And half way through construction with all the hard work done, in struts this mob wanting to buy it up now that its obviously an amazing project. The project doesn't need any more money, its all squared away. Come back in 2 years when we have turned the tap on and supplied the NEG with stored hydro power at top $. The board should vote to not accept any offers for at least 2 years.