Ann: Appendix 4C - quarterly, page-4

EZA is just a cash-box now, and have 3 more months to use their cash, otherwise they will be suspended.

(Per ASX Listing Rule 12.3 which requires a company to hold less than 50% of its assets in cash within 6 months of the sale of it main operations - 31 October 2014 in the case of EZA)

It is a very clean shell, low number of shares on issue with plenty of cash to secure an attractive opportunity. Would be very surprised if it is mining related. Any capital raising will not be under NTA. The real risk here is that it takes them too long to do a deal, they are suspended and churn through the cash.

Personally I prefer OKJ as exposure to any EZA upside though.

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