Takeovers Panel - Nido Petroleum, page-1710

Hi Greg,

I agree re hashing the AGM vote is cheap point scoring but holders need to remember the cold hard facts of the reality that is FGR, the register need to remain balanced and not be distracted by very short term stimulus like spoken word promises.

No doubt leading up to the next AGM fluffy announcements and promised milestones will abound, and just like mining/immenant sales/MoUs/dual listings that the register has been promised for year now they will all amounts to naught.

You have had seat time with SN and as a founder I have no doubt his passion and commitment showed, do CM and PY give you the same sence of passion and commitment?

It will hurt feelings and ego's but the only way for this company to prosper is with new SN type leadership, WG has done an amazing job but he is a corporate type, good at funding and deals of that ilk, he is not an operator and neither is CM.

It cant be just you Greg that steps in to support the SP when it comes under pressure, what about those that get a million a year out of the company when is the last time they bought on market? after all its about to be cash flow positive as WG said in many presentations and interviews late last year, surely they want a bigger piece of the pie, it will easy go at least 4x if not more on cash flow positive, easy money for them.