Ann: Sovereign bids for remaining Mount Adrah Gold Limited shares, page-3

Good news keeps coming, SOC owning Mt Adrah in its entirety means no more PMR, no more Mt Adrah rubbish, just SOC and its management companies RAF & HUD, given that HUD & RAF seem to be essentially money hubs form SOC and the boards of all 3 are closely united, SOC will be the only exploration company with access to Mt Adrah.

Ignoring all other assets and them using SOC as a channel to explore this region is fine IMO. If SOC buys this out for 11mil, then its worth 11mil. And SOC can stand strong an say their SP is worth more, it has to be no more % ownerships of this and that and split assets and assessing crap....

They have been listening they are simplifying the structure!