Ann: NOTICE OF DISPOSAL ORDERS OF INTERESTS IN NORTHERN MINERALS, page-69

Sixty days is sixty calendar days, an unarguable deadline. I calculate that as 1 August. They have 13 calendar days remaining.

Any sales so far by the divestees are negligible, based on recorded volumes.

On-market selling would cause a bloodbath.

A trade sale/auction thingy would be a bloodbath - institutions would offer, say, 30% off market (2.3c) then another 30% off cos they can - 1.6c

Or, as you say, they can oblige Treasury to sell for them. Treasury won't perform niceties like dribbling them onto the market, they will take willing buyers, Australian names and institutions, no nominee groups, strictly applying brokers 'know your customer' criteria.

If you think the first two options mean a bloodbath, consider the implications of the last. If the divestees try to sue the Commonwealth for illegal seizure, the Federal Court (??) will dismiss their case out of hand.

Ash