Ann: Corporate update, page-191

Have to expect rival interests to buy blocking stakes in the company, try and stay below the 5% level unnoticed, or if offshore chinese spread over a few "unrelated" entities, or if western spread amoungst broking houses. Once their head bumps up above the parapit it will be a quick rush in buying to the 10% level. Should support share price untill the major round drill results on and near Cade.

Whichever company didn't proceed recently with the TO, suspect the smaller chinese company with a large parent hopefully the regrets will be hard to live after the drilling results come later in the year.