LinshanOnly 5% of shareholders must agree to put forward the...

Linshan

Only 5% of shareholders must agree to put forward the motion. 5% of issued shares means around 40 million shares, give or take a few.

As an example, XCAP Nominees holds 6.59%, Western Desert Resources owns 5.86% and TD Waterhouse owns 5.5%. This is just from the top 20 from the last annual report. It doesn't matter how you make up the 5%. It could be all from one holder or combined from 50.

Let's see what the quarterly brings. If it contains more fluff about Molyhil offtake discussions are still progressing and Dundas will get drilled "as soon as practicable" then that may be the tipping point for many.

This year, we should see as a bare minimum Molyhill development and Dundas drilling. Less than that and you have to wonder why the hell are we invested here.