agm, page-8

Great point ASF.
As mentioned in the AGM report,
• Preferred offers being considered by the Board and if
finalised will be put to shareholders in Q1 2013.

If finalised by Q1, so we may not even know by the end of Q1.
Why put " if finalised by Q1" in the announcement?
More from the announcement,

• Due diligence and bidding process completed with
Indian based coal and power utility companies, major
global commodity trading and private equity groups
• Offers received for the Company’s interest in its South
African business and for acquisition of specific
operating and development projects
• Firm offers received.

So firm offers received, due diligence for bidding overs completed but yet shareholders have to wait till Q1 for more detail, and even then we still might have to wait till Q2 So this could mean another 3 to 4 months of waiting.

Will send an email and ask why the wait if they have already confirmed offers received a reviewed.