answers to tough questions, page-39

Lion - I think you have got it wrong. You took a big risk to get a 10 bagger return. So did I. Sometimes "risk", plays to the downside.

We are on the cusp of getting $1 billion for our little company that has some drill holes in two African countries. It is not being sold for nothing. It is being sold because there are not many options to develop the project.

What is the viable alternative to selling the company if no JV partners are interested in developing this project? Just answer that one question. You speak as if we have control over everything. That is a bad assumption.

We need to understand this.