No idea but 20% can give you a lot of leverage and I am sure he hasn't called for it for the hell of it.
AL8 From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources
FEX From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources