sinking feeling, page-14

Hi Ians

Its 25% of the shares held

Currently the expert independent opinion is in progress
This opinion wont be out I believe until Feb. This may well consider the bid too low

I think we are all dissapointed that the coy couldnt have travelled under its own steam a bit longer and coat tail off NCU which is now going to prefeasability. Another great ann last night from NCU though price came back in gen market decline. PMH sbe around 1.00 to be benchmarked to NCU

I believe another bid is likely.
The PMH story needs promotion. Unfortunately under the terms of the Entree bid the directors cannot solicit any other buyers.

But we shareholders sbe getting the story out particularly to any brokers or large investors we know
Waiken