Ann: Change in substantial holding, page-5

Personally, I'm not sure that the long-term plan is to get to production, so I think they might be happy to get as many shares as they can right now.

I believe the strategic plan of the board was to consolidate the entire Yandal flank to make it nice and attractive for Northern Star Resources to buy all tenements at a premium. I think we'll see the drill bit hit gold in the upcoming drill program and then we'll be acquired.

Link to a video below, listen from 8:11 to 9:09 to hear Andrew Bray talking about the consolidation. I have watched the entire video and I can't remember where, but there was a point where I felt like he stopped just short of talking about the consolidation creating an opportunity for sale.

JP Equity Partners / STK Investor Briefing