See you guys at 65, page-234

IMO, this is incredibly dramatic. GXY paid roughly $3 million for the LPD investment, it's now worth roughly $5 million, so what is the problem exactly? Now, GXY has made some questionable investments (A40), but I don't believe that this is one of them. This is a pretty small amount of money in the scheme of things, so why worry about it?

It's an incredible stretch to say that GXY's investment in LPD will go from $3 million to providing hundreds of millions to LPD. Frankly, this is ridiculous. There are much bigger fish to fry than the LPD investment, I am much more concerned with minimising costs at Mt Cattlin, CAPEX for SDV and how much our acquisition costs will be for A40 assets. The savings from offloading the LPD investment pales in comparison to all of these.

GXY is not obligated to do anything for LPD. It pays to remember that.