KLA would only need to accumulate 415,000+ to register in the...

KLA would only need to accumulate 415,000+ to register in the Top 20

It would have perhaps been a better presentation if Slide 9 had also explained that;

The Top 20 own 80%+ of CYL !

and had not written 'Other Shareholders 51.4% on their Pie chart diagram.

An example of this is;

	HSBC Custody Nominees (Australia) Limited	11,148,490	13.53%

Who are our 3rd largest holder etc. etc. etc.

Basically this only leaves around 16.68 million shares out of 83.4 million available that the general public can purchase as I am sure the Top 20 will be certainly holding on if they can afford to do so to see how this major exploration campaign turns out!

In regards to the new holding taken by KLA I would presume this will become common knowledge on the 29th of December when the placement shares are issued!

If it is a substantial amount one would expect PLENTY of interest to be stirred up in CYL from Canadian Investors!!!!

GLTAH+DYOR