PGO moving forward, page-18

FVR13

No offence to your thoughts, but I have heard it all before, the doom and gloom of these offers but at the end of the day they have legal obligations to act in the best interest of the company even if they are the majority share holder now and afterwards.

They are not going to spend tens of $millions and try to run it down over time and delay to keep all the profits themselves. They want to progress it and make the cash out of it, the purpose of buying it.

The fact is, as long as they don't reach the 90% mark they can't force us to sell. Big players like McPherson want the profit also and are going to act in their best interest, and that is to progress it to production sooner rather than later, as we are so close to production now.

Hankers can't legally offer one holder a deal and not others so really Mcphersons and their intention will play as to whether 50% will be attained.

If it falls through that's fine, any CR is going to be minor compared to the return once producing. The share register can afford s CR.

The whole wording of the initial announcement is "control". They want to control it. The fact they have made this controlling move proves the potential for this company.

This one is a winner if we can move forward with Hankers.

Just my thoughts.