Ann: TOV: Finders Resources Limited 02 Panel Receives Application, page-7

Without Taurus and the directors shares it is impossible for Efdl to achieve the 90% compulsory purchase takeover. Why would they not want this? Is it out of spite to Taurus and directors that want to lock them in as a minority shareholder? Or are they hoping to avoid the 90%, and then make another offer later to them of say 14c. Take it or leave it! Because all though you don't want to be locked in the dividends will be huge, and they can't just not pay you. Also does this mean shareholders accepting the offer after 20th could now change their mind? Or is it final? All this would knock down Efdl stake. Surely now they would prefer just take it all and de-list? It must be very nasty between Fowler, Caudle and Cahill.