i'm disappointed in both proposals

I see no benefits to:

- merger of OIP/GGX - no synergies in the merger, assets in both companies are completely different areas, see no real benefit
- highly conditional offer from OXX is like mailblack with ridiculous conditions like OIP has to have a cash balance over $11m, an offer of indicative 7.25c based on their avg SP of 42.5c. OIP has a market cap of $11m already, thus offer is undervalued and discounting us to sell cheaply to them. Assuming our tenaments and non-cash assets have no value.

I say to OXX can F off. I hope a third party like MPO, WCL, MEL, or VPE who is keen and come into and bid for highly prospective tenaments operated by an experienced ESG.