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Top 20 holders start at 10m so 16m would still mean a top 20 at least. Here's the whole top 20:

Top 20 Shareholders
(As per Annual Report 2013) Name Total Holdings % Issued Capital
Yandal Investments Pty Ltd 344,750,000 17.56
Australian Gold Resources Pty Ltd 164,985,000 8.40
Brispot Nominees Pty Ltd 119,180,845 6.07
Invia Custodian Pty Ltd 67,784,328 3.45
Mikado Corporation Pty Ltd 53,500,000 2.73
Ron Medich Properties Pty Ltd 50,000,000 2.55
Chester Nominees WA Pty Ltd 45,000,000 2.29
Paul **riel Sharbanee 36,000,000 1.83
Karari Australia Pty Ltd 31,000,000 1.58
Alexander Jason Elks 25,000,000 1.27
Bellarine Gold Pty Ltd 21,500,000 1.10
PHH Pty Ltd 17,800,000 0.91
Thomas Super Fund 15,462,962 0.79
HSBC Custody Nomines (Aust) Ltd 13,137,059 0.67
JP Morgan Nominees Aust Ltd 11,971,354 0.61
D M O’Donnell & C A O’Donnell 10,400,000 0.53
Yu Ma 10,150,000 0.52
Palazzo Corporation Pty Ltd 10,000,000 0.51
Phillip Roy Trafford 10,000,000 0.51
G C B Davies & C A Davies 10,000,000 0.51
TOTAL: 1,067,621,548 54.39