Ann: Change in substantial holding, page-8

That's really interesting. Are we a better registry without such a shareholder or is it better to have such a force with us? In the past I actually got some confidence from them being involved in addition to thinking about them being a potential suitor. (although with the current SP, I would not wish to have anyone make any takeover bid as we are way too cheap)

Or is is any sort of fallout at the board level, do they disagree with the direction the company is heading? I don't know why that would be the case as the company's progress is robust, well defined and being seen in current results.

Or am I thinking at too micro level. I am sure their Gold/Mining Portfolio is massive. Maybe there has just been a high level decision to exit their gold exposure across the board given the high prices being achieved? A portfolio profit-take/exit if you will?

Who knows, just speculation on my part and wondering what other shareholders think.