Ann: Strike's Seventh Supplementary Bidder's Statement, page-96

why would anyone want the big players, or anyone for that matter, to make a takeover move on STX now. The most we'd gain is 2x from where we are now. Isn't it far better for us to remain independent, start generating our own cash flows and reinvest them in more gas, urea and possibly geothermal or hydrogen and we could be 10x from where we are now in 5 years time, or even 50x in 20 years time. I'd rather sit tight and wait for this all to develop and pay handsome dividends in the long term - and that's looking out 20 years, not tomorrow or next month. It's rare that we get entry into one of the next top 50 companies in Australia at the ground floor. I missed out on FMG and on the CSL float - i don't want to sacrifice this opportunity for just a 2x gain. Once we start generating our own positive quarterly cash flows and reinvest the $110m we'll get from our WGO shares to prove up more gas, this company will re-rate to at least the 80cps mark.