Ann: Altona Welcomes MMG's Endorsement of Dug, page-3

re: Ann: Altona Welcomes MMG's Endorsemen... From the recent statement by AC on Dec 6th that final agreement on value for Roseby is 2 - 3 weeks away, I interpret this to mean that the value is virtually complete, and Altona have no problem with it, but now Xstrata have to sign off on it. Tepee is right, the valuer wants to be free of the project over Christmas/New Year, but Xstrata are in no hurry. At the moment they are in control of the timing.

Todays announcement is a big plus for development of Roseby assuming shared infra-structure. It also confirms that if Xstrata walk, then MMG will probably pounce.

Fingers crossed for an agreement on valuation before Christmas, but there is no guarantee.

And Cheetah, 284k is no mean parcel. At the 2012 AGM it was stated that 333 shareholders had parcels of shares larger than 100k. Out of approximately 5000 shareholders you are in a small select group.