musings on the agm, page-51

I want growth and the best way to get that growth is to proactively try to create additional shareholder wealth.

If that means buying your shares back at a 150% discount to net assets to create that wealth to provide some growth, then why not do this.

By ignoring any buyback scenarios, the hurdle they are setting for their new project they are looking for is an 150% gain on investment for no risk.

They are dreaming.