Pixie, page-14

anything around 300 would do me.

Of course, one should never set anything in concrete.

Who knows the future?

Yes, we are setup and intend to sell ourselves off ------------ but, things can change.

Who knows - one day in the future we might take over Dow/Du Pont - and, that would bring a lot of dilution one would expect

OK - silly example - but, you get the drift?


Really - I think NC and Gavin etc. know what they want - I don't know what it is - maybe 300 mil. max and a sale price of 3 billion ------------ maybe more?? I doubt less.

Maybe a merger or a deal?????????

I do know that every sound I hear says that we want to dilute as little as possible - yes, they will place if they think needed for growth - and, yes, they will definitely place for strategic reasons -------- Nick does't go to the dunny without a strategy in place.

But, that said ------ the dilutions are tiny comparatively and, the opportunities that we have had come that we didn't have say a year ago are massive in comparison to what we had then -- eg. polymer product - and now opportunities.

So - for the future??????? what the hell is the team going to come up with when Nick calls for the next product?

And, I assume that he will call for a 'next, new product' -- I get the feeling that this game is barely started personally.

If they have ideas of driving this to say 6 billion - or more --------- hmmm, well, personally, I would go out on a limb and say that I think what we are into atm - would get us that far as a mature company ----------- but, I think we want to flog this as a growth company -- only my opinion - but, that is what I think the world wants atm - just like traders - big companies think they can pick winners - so, they take a calculated punt --------------- IMO, we will be one of those punts.

If we can do that at 300 mil. I will be very pleased ------------- we shall see.

It is going to be a hell of a story to look back on in 10 years time I reckon.

have a great morning

Pinto