quick question please, page-35

"why buy into a minority holder situation in a company that has no control over their future?"

Why did people buy into PMM even after Cliff attained majority? 80% was realised by April 2005, they didn't mop up until late 2008 check what happened to PMM in the intervening period. In terms of potential value of resource it's a far better corollary than IBR which had nothing of much value.

6 cents is not a compelling argument to relinquish BON shares before I have to. It doesn't start to get appealing until 8 cents/80cents MAK holds. I'm keeping my options open including the right to sell on market and get my money T+3 during the takeover period if I should wish to.