Ann: Pause in trading, page-30

Agreed Nij, PEX will need to link up with a larger player to develop the project. One positive I do see is that if PEX owns 100% of MB they will be more attractive to likely acquirers. Thinking aloud, this is my prediction - AIS has recently bought Cracow, they will need 18 months to bed down this purchase and retire debt so they I don't think they will do anything just now. However, in 18 months time if all goes to plan (Cracow is expected to generate strong cashflows) I could easily see them trying to merge with PEX - AIS is mining copper at Tritton so it's in the same area, it's also got a lot of experience with underground mining and the CEO is very astute and is keen on growing and expanding.