Ann: Croydon Drilling Complete & Strategic Review of WA Iron-ore, page-33

All part of the game I would think. One man's ' Trash is another Man's Treasure '. And this is the main problem with CZR - with Creasy and affiliated entities holding in excess of 65% of the Company. Double edged sword if you like . If he we're selling for whatever reason's , he could trickle out as many as he likes and it would hardly effect his overall position. In fact it could be quite the opposite in actually becoming a ' Net Increase ' to his holdings. Especially in a time of rising values across the board. And what's with all these nice ' neat ' parcels of 1,000,000 ...

In any case , I would think it in his best interest to ' Mop Up ' the minorities by Pitching a ' low ball ' offer based on historical average Share Prices. I guess with the key to this being not be fooled by all these potential tactics. Even he would realize that this company is worth a whole lot more if the Market as a whole can re-rate it's value than say having valued ' off market '......