just think about it, page-14

Welcome to playroom Peter.
CHM offers you a lot of barren ground and rusty machinery, a hit or miss court case and finally the great great mining impersonator extraordinaire Benny Elias.
What more do you want.
Having said that Mr Sage must be smelling a cash box coming and gets a foot in the door at a discount to what he expects they will get and 50% of the board to boot with juicy options.
Either that or Benny has sold him the harbour bridge .....again!