Ann: Mt Cattlin update,GXY-GMM.AX, page-33

Concerned? No.
This is the kind of constant communication that share holders want and need.
It would be more concerning if they weren't doing it. This is the internet era - we all want companies to share things as fast as they are available to the market and media.

Largely, they are now talking over the heads of the retail investors to the Top 20.
Today's announcement has the kind of figures that their analysts will be running through their profit calculators.
Potentially as high as 240kt from Mt Cattlin for next year into an enthusiastic and supply-starved market. Great news.
This puts a big tick beside Mt Cattlin. It's on track to provide the profit engine to power the next phase of exploiting SDV and James Bay.

Most of retail is already locked in. The vote will be carried by the Top 20 now and they are taking their sweet time about it. As you would expect.
The funds won't vote against merge but they will also try to time it perfectly too.
They'd want to profit from accumulating in the dip but the biggest ones are too invested in GXY to want anything but the best result for the company.

It's not "if" - but "when".