BLY - Buy Now, page-20

Thanks Stoeger, I did appreciate our conversations too and you helped me come to terms with what was going on at Boart. It is good to see both sides of the argument.

I can't see Boart disappearing altogether because its position in the market is of value and it will attract those companies like Macquarie that reinvent strugglers. But clearly the shareholders are not going to have much say on who takes over and what the shareholders get out of it. The latter does not look like being very much if any.

I hope that mining service does pick up for people like you in that industry. All the best

GPASAS