DML 0.00% 1.9¢ discovery metals limited

Ann: Combined Form 603 and Form 604 , page-6

  1. 597 Posts.
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    Significant Shareholders (from Annual Report)
    28 SEPTEMBER 2012

    11.68% CFC (now 13%+)
    10.91% BLACKROCK
    7.61% M&G INVESTMENTS
    7.4% GENESIS
    6.46% TRANSAMINE

    You'd like to think Blackrock would understand DML and include reasonable production, development and exploration upside in their valuation. Blackrock is thought to be the premier mining house in existence, which speaks volumes for the perceived quality of DML!! Blackrock alone have a blocking stake in compulsory takeover don't they (at 10%+). Though as a previous poster pointed out CFC will still get board representation at 50%+??

    Then there is Transmine at 6.46%, the contracted off take partner, you'd hope they would have a strong relationship with DML's management that goes back to at least 2010. You would expect that Transamine would be well briefed on any progress at Boseto.

    I would like to think we'll be safe from compulsory acquisition?
 
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Currently unlisted public company.

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