agm

I am expecting confirmation next week that the AGM will be on Oct 28th.

I am expecting notice of a shareholder vote at the AGM that RLL will be demerged on condition that there will be a capital raising this year.

I am expecting that Institutions will be offered a large parcel( 70-80%) of the new RLL shares being issued at 50c.

I am expecting that ADY will continue with low iron ore production for the remainder of 2008 and receive no loans until Santa Barbara is 100% owned by ADY.

I am expecting an ADY joint venture early next year with Wisco and Shougang after ADY has secured 100% control of Santa Barbara.

I am expecting Phil will receive millions of RLL options after RLL has floated successfully in 2009.

Lets see if any of my expectations materialise by next Friday week.