""(This is all because of $73M rip off as pointed out by Buddy...

""(This is all because of $73M rip off as pointed out by Buddy earlier. This leaves Dart with only $20M cash, which equates to six month operating expenses.

I have held these shares since CH4 first listed and thought they were a good management team, but it appears as if greed has taken over since Shell came on the scene.

Vote NO, it will make you feel good or be able to smile while being screwed.)""

Darryl,

There is no doubt, that what you wrote, it is the best way of putting it.

Unfortunately, it is a well known fact/affair (as someone wrote in another different thread), that there aren't many Saints in any of the Companies Boards and Managements. They are there for one purpose and only purpose only in mind. And I will leave that to your imagination to guess what that purpose is.

I failed to comprehend as to how the Regulators have allowed the $73 million dollar mistake go through without questioning the validity of the Independent Expert report, and instead not appointing/getting another so called Expert person, appointed by the ASX this time around, to prepare a new and totally unbiased one.

Yes, we will have a new company with Dart, but we will also have a Company with no funds to do anything, and a liability on hand to start operations with. So what I think will happen, is that Dart will start selling some of our Tenements to begin with in order to raise some funds, and then allow Shell to do the same thing all over again. And that is to sell to them another big stake in Dart so that they can repeat/give us the same dose/treatment all over again. And that is that, when the risks have all but vanished without risking much of their own money, and when it will suit them.

Difference is though, that this time around, the Board will have no problems on getting the Yes vote from the shareholders, because they will control possibly way in excess of the 75% required to complete a Scheme of Arrangement without having the need of a Takeover.

I will of course vote NO for what is going on, and I will give my proxy to the Asutralian Shareholders Association who will be there at the meeting.

Level playing field, lol. There are so many hills between them and us that it is totally impossible to define the level grounds and see if they are in fact any of them.

Buddy