Ann: Annual Report to shareholders, page-34

Interesting article on page14 of today’s Australian in Margin Call. Andrew Liveris has taken (reportedly) an approx 5% stake in a private company called Leichardt Industrials Group. It reads that the Smorgan family have taken approx 20% stake of which Andrew has a quarter share. The group is developing the Eramurra salt project in Karratha WA (chemical salt). It also states that Nick Liveris (based in New York??), an investment banker is on the board of Leichardt. Just wondering how accurate and timely is Margin Calls information, does Nick carry out his CFO duties with NVX from afar??