GDay mja,Only 71 shareholders with >100k shares.Interesting to...

GDay mja,

Only 71 shareholders with >100k shares.

Interesting to note that the top 20 hold about 70% of the stock, all would be considered long term players and the top 5 or so are either directors or very close associates of the directors.

Im basically topping off with credit card if required and look forward to this company moving its listing ASAP to the AIM where you can get a reasonable valuation based on fundamentals.

Who can buy a gold stock that has the potential to make $40M in the first year or so with reserves at 1/3 of market average and those reserves more than likely to jump by 500% in the next 18months.

They have nearly $20M in the bank, no debt and cash flow to start in the next few days.........

Good luck
Snork





http://ensim.smartydns57.com/~admin264/pdfs/AnnualReport25Oct06.pdf

Distribution of Shareholders
Number of Shares held Number of Ordinary Shareholders
1 – 1,000 13
1,001 – 5,000 120
5,001 – 10,000 193
10,001 – 100,000 373
100,001 – and over 71
Total 770


Top Twenty Shareholders
Name Number of Ordinary
Shares held %
Mr Robert Anthony Healy 11,160,000
HSBC Custody Nominees (Australia) Limited 8,000,000
Matthew Gaden Western Wood 7,120,000
Bullseye Geoservices Pty Ltd 7,000,000
ANZ Nominees Limited 5,150,800
Citicorp Nominees Pty Limited 4,335,819
RBC Dexia Investor Services Australia Nominees Pty Limited 3,215,167
National Nominees Limited 2,736,170
Chemical Trustee Limited 1,250,000
Societe Generale Australia Branch 1,160,000
Forbar Custodians Limited 1,059,040
Eagle Securities Limited 1,000,000
LLoyds and Casanove Investment Partners Limited 1,000,000
NEFCO Nominees Pty Ltd 1,000,000
Mr John Young and Mrs Corinne Young 927,485
City and Westminster Limited 750,000
Hinona Pty Limited 750,000
Rossi Orchards Pty Ltd 750,000
Yarandi Investments Pty Limited 690,000
T M Consulting Pty Ltd 612,500
Total Top 20 59,666,941

Other Shareholders 25,833,019 30.21

Total ordinary shares on issue 85,500,000 100.00