Ann: Improved POSCO proposal and intention to recommend, page-45

Here is info re Hancock Energy:
HANCOCK ENERGY PTY LTD is located in WEST PERTH, WESTERN AUSTRALIA, Australia and is part of the Building Equipment Contractors Industry. HANCOCK ENERGY PTY LTD has 66 total employees across all of its locations and generates $106.46 million in sales (USD). (Employees and Sales figures are modelled). There are 124 companies in the HANCOCK ENERGY PTY LTD corporate family.

Note: moderate number of employees and moderate sales.

IMO Hancock Energy wants SXY not just for the cheap assets and cashflow, but for the staff and knowledge so that Hancock Energy can leap to become a player of size.

If SXY is to be lost to shareholders just as it is beginning to demonstrate that it will achieve its profitable potential, make the bidder pay BIG.