Wishing all AGOers the best, page-21

related parties have a conflict of interest and must recuse themselves and not vote on any related party transaction, any capital issuance to wipe out the debt has to be issued 1-1 to ALL shareholders.

A private placement of $130M in shares to HPPL would have to approved at an EGM by the remaining holders excluding HPPL votes so they can block this also.

I am wondering still who has bought FMGs 8% if it isnt Gina? The announcement doesnt state they sold it to Gina so if they did they would have said so. Maybe another FMG shareholder or FMG proxy or John Hancock.

Fact remains, FMG and remaining holders retain their blocking stake to prevent compulsory acquisition and FMG has outlined they have long term plans for AGO.

Share price should jump on this news. The daily volume is still quite low and the remaining holders now know FMG aint giving up or selling their blocking stake so Gina cannot ever get to 90% and I doubt she will get to 75% either. Sounds like a deal has to be struck now with AGO remaining listed.