Ann: TGN: Watershed Acquisition Terms Agreed, page-208

I think that management want to have the latest results from Bella Tondi released before the AGM to convince shareholders that Bella Tondi is where the companys future lay, and this will convince shareholders to vote yes to the proposed sale. Management must be confident of success in the current round of diamond drilling at BT. In saying that, the longer they hold off the agm them more time other suitors have to run the ruler over the Watershed project. Canada's Almonty mining would be a logical potential buyer as they also have the Wolfram camp tungsten mine which is very close to watershed, and there would be synergies in one company owning/operating both deposits. Almonty are also cashed up and larger than TGN. Just my thoughts