Ann: Appendix 3B, page-96

Again Patto, there is more to the big picture than is inherently obvious right now.
The dots are always joined looking back.
Aahana will stay under 20% holding and help Cokal mine coal for the forseeable future.
No bluffing or mind games. Just production and earnings.
And I will be interested to see what happens after 37.5mill Option related production targets are met, as this will be the ticket to raise Aahana over 20%.
That is one reason where a future Takeover is possible.
In the mean time, no reason to further dilute.