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Ann: Jambreiro Iron Ore Project - Pre-Feasibility Study Results, page-225

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vindin

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18/07/19

02:04

Post #: 39571741
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Originally posted by buddi: ↑

Hi spackman,

Appreciate you shelling out your personal $ to get this report and sharing it with us.

Couple of interesting changes in addition to what you've mentioned already:

- TWYNAM INVESTMENTS PTY LTD is sitting at #2 with 77mil shares. Considering that the last Top20 was @ 21Mar, this means either they have obtained this chunk in the CR or they are one of the big buyers since the last CR. They were previously known as Twynam Agricultural Group and looks as they were in the Top20 of a few companies in the past

- Roger increased his holdings by 10.5 mil, which I think is a good sign. Because he is not a director, we don't see 3Y notices for him. Even if we assume that 2 mil were from $0.0082 options executed on 11th Jun, still 8.5mil from either the last CR or on the market, which means at least $57k of his personal money, which I think is a good sign

- Quite a few of top20 either retained or increased the holdings, but the net effect is still ~26-27% of the total shares. Personally I think it would be better if this number goes up, but considering the recent CR, I am happy with not much major change of this % compared to pre-CR days

Thanks again! Hope we get a decent off-take soon for Jambreiro and we hear an update on Itty, which is well overdue...we haven't heard much about the latter since the massive trench sample was delivered!

All IMO, dyor please

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thanks for that ... nice to see Roger has increased his holdings

CTM Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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Ann: Jambreiro Iron Ore Project - Pre-Feasibility Study Results, page-225

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Ann: Jambreiro Iron Ore Project - Pre-Feasibility Study Results, page-225

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