guess the offer price, page-30

Let's face it, the reason the board wanted other offers to come forward now is so if there is not a worth while offer they could then make the decision at the GM to enter into a Gas sales agreement.
They just wanted all of their options on the table so a decision can be made.
Entering into a GSA prior to looking at offers is like signing a 12 month lease on your house before you put it up for sale, the half of prospective buyers that are owner occupiers wont make a bid because they cant use it solely for their own use.
They wouldn't even entertain a low ball offer as there are other options.... IMHO.