I am extremely concerned by the terms of the Hartree offer, page-299

the problem was never the project but the BOD accepting the unsubstantiated Hartree claim of $30m and 100% offtake terms which gave Hartree complete control.

And I said this last year, John would have had a snowballs chance of getting secondary financing with Hartree control. It was never going to happen.

Its a shame that there was not more honesty from the BOD about why they couldnt find other funding arrangements.

The second problem , which admittedly I never got to the bottom of , was the attempted listing at too high a sp ( driven as it was by the mess they had already gotten into )

Anyway its spilt milk. I expect that the largest shareholders will vote in favour as they have their own owners / investors to consider and may have sought some independent advice . The smaller retail seeking their own counsel .