Ann: Supplementary Target Statement, page-7

Dear Undaunted,

If and when I might receive my money from this tin pot outfit, i might as well just let you know that there has been no frustrations on my part, quiet the contrary.
But unlike you, I was in it with a great chance and again, unlike you and providing the tin pot outfit don't find a way to renege, I will still have made a substantial profit (yes!! substantial) and further, HQ offered an extra one and a quarter cents after you declared we should accept the 7 cent offer.
I fail to see how this transaction, on the part of Heron (which represents a loss of approx $600,000 plus) has been of any benefit to anyone except the Chinese!
Heron might well rue the day it sold out for peanuts, but then I wouldn't expect the Canadians to be around the place to be reminded of this bewildering decision.