Striebs .. as per page 82 - they paid Deloitte $180K for their experts report.
And the fact remains, the board have failed to do anything for shareholders since they rolled the previous board ostensibly because they were unhappy with SP performance. Now 11 months after New Hope started this, the SP is 13% lower and looks like losing more. The only plan these spivs have come up with for the company is to give it away cheap to Igas and to hell with the shareholders.
They have done nothing to capitalise on having deals with Suez GDF and Total to fund ongoing works. Nothing to exploit the debt-free status of the company and nothing to expedite the Airth approval and a big mystery about the Australian assets. Nothing to develop the company at all. The announcements dried up the day they took over as part of their plan to steal the company.
They've come up with nothing but a highly dubious deal that is nothing more than stealing the company from 69.5% of the shareholders (minus striebs who has no problem with that).
DTE Price at posting:
13.0¢ Sentiment: None Disclosure: Held
