53 mill trade, page-32

I assumed that you could add in Mr Thapliyal's 0.65% and Red Rock Resources to the "other related entities" by virtue of the fact that they are Directors of JMS.

Also the "Pallinghurst African Queen LP" doesn't seem to be included on these FORM 604's so perhaps add in their 1.88%.

Including those 3 still doesn't get to the 86.69% as stated on 2 July.

Hard to know what is going on but then i guess that is the exact purpose of having such an opaque ownership structure isn't it....

You'd have to wonder how close they are sailing to the liquidity and number of shareholder requirements to remain listed at this rate.

If the Dutch Pension Fund turns out to be a related party then IMO we are screwed...

If they are not; then in any offer to go private one would like to expect that they would want their 16 cent buy in price to be returned in the least.

RE: RRR selling, Who knows, need the funds for their other projects and declining AU$ possible factors. Maybe they'll give reasons in their next newsletter.

How is completion and commissioning of Tshipi's rapid load out station going............??

GLTA.