big voulme- any news from agm?, page-11

You're right about Howard Stack's replies at the meeting and the major hurdles, the negativity of CSG and how the future of the company would require $1b to see this through to Gladstone on a stand alone.

This is a slightly differtent prospect though than the picture painted in the 'Goals for FY2012' where none of this was apparent.

Imo Bow was never going to be the independent piping gas to Gladstone and was always going to be a takeover target and all we wanted was for them to reach the goals they had aimed for(jammed down our throats for acouple of years) of 1250 & 6200 to make it a viable concern for T/O.

We've heard all the reasons why the $1.52 is right but no reasons why the targeted reserves won't be met even though only a matter of weeks prior it headed the list of objectives in the Annual Report, to be achieved in the next several months.

You're also right imo the Board have their bags packed and are just waiting for the final whistle before they punch the clock.

We have been treated like trash and with contempt I'll never go near this mob of blokes ever again.

It is still NO from us on the SoA,

Abalone