Ann: OZL: OZ Minerals extends its Offer for Avanco, page-61

Fishnik,

You miss the point. It's not your view (with all respect) that is important to an AVB holder.

It's our view of the worth of the AVB assets.

I for one do not mind waiting for a better deal or a new board to take us forward as serious miners. i don't even care whether it happens in the next 4 weeks or whether we wait for OZL to come back after 6 months for bid 2.0

I will wait for fair value one way or another.

Locust1, this is also why am not concerned about the prospect of being locked in as a minority holder, especially if that minority is above 25%. We remain an audited public company and most likely listed as well. It means that should OZL get to say 70% (which I seriously doubt at the moment) they will find it much cheaper to come back in 6 months when they are legally entitled to and offer the holdouts 25c to 30c rather than use their annual 3% creep rule.

Does anyone really think that under this scenario the share price will drop? I see it as an arbitrage opportunity and I doubt I will be alone.

Then there's the prospect of other offers occurring in the next 4 weeks as contenders get their sums and paperwork done.

And one more scenario, OZL stays on the register with 30-50%, we get a dynamic, proactive independent board and develop Centrogold, PB and Pantera as fast as possible. PB only after pointing out to Blackrock that if they don't sellout and hence stop the suppression of the share price PB will get put to back of queue.

Exciting times for share holders.

Likely stressful for directors.