Elliott: It appears to me that any vote on this matter is likely to be very close. Given the gravity
of our demand capacity problem. I must insist that the stockholders’ equity be protected. We
cannot wait three years: that is clearly out of the question. I still feel that licensing domestic
or foreign is not in our longterm
interest for any number of reasons, some of which have been
discussed here. On the other hand, I don not want to take this project forward on the strength of 5 a mixed vote. A vote of 65 or 74,
for example, does not indicate that the board is remotely
close to being of one mind. Mr. Williams, is there a compromise to be reached?
Williams: Respectfully, I have to say no. If we tell the truth namely,
the temporary nature of our operations the proposal is simply not viable. If we are less than candid in this project, we do
grave damage to the community as well as to our image. It seems to me that we can only go one
way or the other. I don’t see a middle ground.