Ann: Grande Cote Update , page-2

Broker note I got last week, looks like a few are on the money and this is finally on the way up...smart cookine...





What I believe is happening

They must have enough interest to spin out the Mineral Sands Project

They will maintain a controlling interest in the new company but they will invite all new shareholders
via purchasing MDL

example: Investor owns 10,000 MDL shares. They might offer, 1 new share for every 5 existing
meaning you end up with 2,000 shares in new Sands company whilst still owning your 10,000 MDL

the clever twist.

MDL will spin out a dead asset and realize its value which will then help its price
but the most clever part is.... if you really want shares in the new company
you have to buy MDL shares & hold then by a predetermined date.
So, if you really want the new shares & say 2,000 aint enough... buy more
That will push up their price
on the back of their price rallying up, they will raise additional capital to pay off loans/hedging for Macquarie

Its a hunch