Ann: Change in substantial holding , page-14

Jack_a_Hearts

No I don't believe it is Platinum

They have to report movements in the securities and as you saw in today's announcement, they have been net buyers - not sellers

It is not in their interest to fool around manipulating the stock now that they are set with the 14% holding, warrants and funding package

I'm guessing it is the shorter who from all accounts has a short position of between 3-5M+ that you would seriously be considering closing out

With Forestry as the last hurdle, and everyone saying it is 'imminent' it wont be long

Besides, Platinums average is around these levels and with 65M shares they are going to have to kick this into gear. I don't see them as the type who want to stay around for 3-5 years

My thoughts are they will look to refinance the debt once in production, dress this up for a sale at a substantially higher price and negotiate some ongoing royalty at a discount to the funding package with the buyer