takeover Skip, page-461

Time might be against GNX and with Skip and Stonepeak as far as getting a higher price.The latest contruction update at Kingston, increasing cost of capital and site costs, the need for additional capital?, gearing levels (from what I can see), the large increase in issued shares over the past 2 years and the unknowns in the Australian energy space to me would put the ball in the consortiums court I would think. Skip at 20% and probably happy to keep buying on market at these levels.