management response

Read the RBS Morgans Conference announcement on the BPT thread. We hold a part of a huge resource worth heaps, and yet holders are giving away their shares for 20 cents!!!

Management need to give holders some idea of an independent valuation sooner rather than later, I know the offer goes until December, and they have said take no action at the moment, but this T/O started on the 7th, surely they have had time to get something togethor by now. The longer it takes the less of ADE we have.

If they are still awiting information re. Pel 218 from BPT, then BPT should be accountable.

I will continue to hold, but management need to get things happening pretty soon or their will be nothing left.

Just my feelings, DYOR.