If you listen to the paydirt conference I previously linked from about the 20:30 mark.
Simon says what we already know about the demerger, then goes on to say:
"I can't say much more than that at this stage, law precludes me from doing so...."
I have no idea what law or why, he did say it in front of a room full of Mining CEO's etc, so doubt it's just something he made up.
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