ann out, page-21

interesting behavour...obviously want a higher price....but who from?....its not a blocking stake...and any offer won't be from hugh anytime soon...and I doubt that those IBR shareholders who have accepted the current offer will be in favour of an increased offer at some future stage....and any one else who would want to spend a few million on a pure overseas gold play would want to be comfortable with hughs direction....which begs the question, why wouldn't they buy TMR shares instead?... at 85% this is the hughy show now..all strategic and operational decisions are his and his disciples and IBR is now just an annual journal entry in TMR's book.... "less minority interests"

I'll think you'll find the next release will be a "business as usual.... lets get on and dig us some gold"