Hi Leockl,Fantastic work mate !LG 76.21 %Top 20 SH 3-18 plus The...

Hi Leockl,

Fantastic work mate !

LG 76.21 %

Top 20 SH 3-18 plus The Rest 23.79 %

There are no big blocks in the top 20 that could easily change the game by selling out to LG. LG would need ALL the rest of the top 20 plus another 6% of the rest for Compulsory Aquisition.

I can't see this happening in a hurry.

I see this situation as a strong position for 3-18 and "THE REST". It is quiet obvious that we all have the opinion that the SP is greatly undervalued and the company has great potential.

This list has cleared a lot of things up and I for one feel a lot more confident that Holding was the correct decision.

SBL is the cornerstone of LG's Gold strategy and it appears we are being showcased as a future cashcow to other companies that they are trying to acquire, in a similar way as they did with SBL , all script.

I believe this will force LG to make SBL successful sooner rather than later to strengthen their strategy to acquire more gold explorers as they try to build a mid tier Gold company in Asia.

What ever our future holds it looks like we will be on the ASX for a good while yet and as for our SP, the only way is up, towards a realistic value.

Might even have to have a top up next week at these silly prices.

It would be great to see if any of the top 20 holders are on Hotcopper and how they feel about things.

IMHO only Peteski