From: Tom Elworthy s 9(2)(a)
 
Sent: Monday, December 18, 2023 11:04 AM
To: Josh Hercus <[email address]>
Cc: s 9(2)(a)
; s 9(2)(a)
; Robert Pigou <[email address]>; 
Murray Beatson <[email address]>; Shaun Brown <[email address]> 
Subject: Re: MBIE response to Whakapapa Ski Area offer [IN-CO DENCE: RELEA
TERNAL]
Good morning
The terms set out in our email of December 7th (below) are the only basis on which we are
prepared to proceed, particularly given the rapidly approaching bond capital repayment. 
Therefore, we withdraw from the bidding process. 
Kind regards
T G Elworthy
Director
The South Island Office Ltd
s 9(2)(a)

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