buyers are going to have to jump in!!, page-17

Qtrly mentions the bauxite tenements, which they haven't done since merger. Wouldn't surprise me to see news about this soon.....

"We continue to seek partners or buyers for our Bauxite properties in Cape York and there
remains interest in this project. Additionally we continue to review uranium opportunities
which are presented to us as well as proactively seeking opportunities."


On reflection, not much will change. Most of the top 20 shares held are restricted - in escrow for 1 year after merger - can't be sold until 23/9/2010.

The only top 20 holders who are able to trade their shares are:-

SK ENERGY INTERNATIONAL PTE (60mil are in escrow)
HSBC CUSTODY NOMINEES (Geiger Counter)
GAMEDAY ENTERPRISES PTY LTD (Alan Blood)
STUART VALENTINE FOSTER & MAYRA EUGENIA FOSTER (geo)
LSAF HOLDINGS PTY LTD
CITICORP NOMINEES PTY LIMITED



Top 20 shareholders as at 17 November 2009

Rank Name Fully Paid Ordinary Shares %
1 SK ENERGY INTERNATIONAL PTE LTD 180,000,000 14.69%
2 PLANET GAS LIMITED 172,800,000 14.10%
3 PETER BULL SUPERANNUATION MANAGEMENT 94,735,572 7.73%
4 MR MICHAEL RAETZ & MRS MARJORIE RAETZ 89,189,100 7.28%
5 REPUBLIC GOLD LIMITED 38,825,328 3.17%
6 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 3 33,333,333 2.72%
7 GAMEDAY ENTERPRISES PTY LTD 20,000,000 1.63%
8 STUART VALENTINE FOSTER & MAYRA EUGENIA FOSTER 15,000,000 1.22%
9 RIGI INVESTMENTS PTY LTD 12,000,000 0.98%
9 ALTINOVA NOMINEES PTY LTD 12,000,000 0.98%
10 LSAF HOLDINGS PTY LTD 10,000,000 0.82%
11 ALAN J FLAVELLE 9,450,000 0.77%
12 GAINALTOST SECURITIES PTY LTD 6,000,000 0.49%
12 PROPITIOUS INVESTMENTS PTY LIMITED 6,000,000 0.49%
12 ROSIGNOL PTY LTD 6,000,000 0.49%
12 CHESTER NOMINEES (WA PTY LTD) 6,000,000 0.49%
12 BERRAFALL PTY LTD 6,000,000 0.49%
12 UMBRIAM PTY LTD 6,000,000 0.49%
12 COMPANY FIFTY PTY LTD 6,000,000 0.49%
20 CITICORP NOMINEES PTY LIMITED 5,780,727 0.47%
TOTAL 735,114,060 59.98%
Balance of Register 490,447,435 40.02%
TOTAL 1,225,561,495 100.00%