Ann: Investor Presentation-BGS.AX, page-156

Nine odd million is not a substantial holding of 150 odd million if my maths is right, especially so if they dump it on market or the merchant had multiple holders.

The Merchant deal actually helped us, I have posted before about the dismal attempt last year to raise funds which was an abject failure. We can not blame management for ensuring that we raised funds via an underwriter in this case based upon the last outcome.

All that is behind us now in any event, done and dusted. We are where we are and I for one look forward to the drilling results and the new horizon of Birimian Limited.
Gold and Lithium is a great place to be.