scheme voting, page-88

Ok, does anyone out there know what the worth of the oil business and the Blackwater Power Station is?

We've already established the real price of the S of A is not $1.52 but $1.295 after you take off the $79.5m in cash.

Just for this exercise, say both the oil & Blackwater was worth $25m??? / 353m shares = $0.07. So now we're done to $1.225???.

Wilson HTM were employed as advises to this S of A transaction, several months ago their valuation I think was $1.88 to $2.15 on present reserves. Well the board must of thanked them and said we're taking a $1.52 anyway.

It is still a mystery to me and many others who are at the pointy end of this business why we are at this price.

We may get the IER at the AGM,

Aba