Perhaps we won't relist. If the Sangha options are appealing...

Perhaps we won't relist. If the Sangha options are appealing enough, wouldn't you sell to the highest bidder? If we were to relist, 57% of shares are owned outside the Top 20 (2019 Report) and you could invite a hostile takeover. Holders selling for cents in the dollar when a dollar may be more reasoned. Why not sell the package deal! It's already 150MTPA and likely to grow. Isn't that why Sangha was formed, to package the opportunity? That's how I see it. If we relist on an exchange, then it wouldn't be the ASX surely. You'd need a much larger Exchange, with favourable proximity to the Billions required (i.e Hong Kong, Singapore), or multiple Exchanges to throw the net wider.



Of course, if more shares are granted, such as the Midwest Placement...which I've heard no update about...then that would tip the balance considerably in favour of the Top 20.

No, for me this won't relist. I think we'll be bought out. I hope we do.

If we relist, then it will open double-digits and quickly run up to the point where most will want to exit. And that will limit the SP ceiling.

I'm looking forward to the 2020 Report so I can see the Top 20 versus Other %. How many more share options exist. Can't be more than the remaining 7% can it?