chart says it all, page-61

Howdy All

Firstly, whilst that Top 20 list is the last published...it is not up to date with the latest CR...so invariably there could be a different T20 now.

Also, there was also a 2 million capper when the CR for 9.75c was proposed.

At the time it was mooted to be Calcifer (who and please correct me) rec'd 2 million shares as part of the Mt Mulligan deal.

If it is Calcifer, then I assume they are not there to buy MNM shares, but to push the SP lower or keep it low just to be a PITA. The last thing they would want going into to a trial with MNM is a lifting share price giving confidence to the MNM board.

If it is someone else, then as HM suggests they are trying to keep the SP low to pick up some shares lower.

Strange though that 2 million cap pops up at 9.75c, then again at 7.5c and now again at 6c and usually at the CR price.

Cheers K