new major shareholder speculation, page-8

Sears think Gips need for money has been reduced by the increased tin price helping the alluvial tin. With recent events in Eritrea makes no sense to pour too many resources in there and with Abu Dabbab Gip need a lot more money than would be raised by a sale now.

Agree though that the uncertainty over the Stellar shares does not really help either Gip or Stellar and some people will get the impression that Gip needs money after the ASX box ticking.

However do not see Gip just dumping the shares on the open market and it would make more sense to sell the shares when Stellar has re rated to a multiple of the present price (which will happen eventually) to the highest bidder.

Gip could do everyone a favour though by adding a bit in their next research note saying they are going to hold onto the Stellar shares for now as they do not need the money at present.