NAE Chart, page-1345

T20 holding 59.85% - a reduction from the last investor presentation by where the T20 held 74.2%, but that doesn't take into consideration any of the dilution that may have taken place in the last CR though. Haven't had time to work it out yet.

Has been a few changes to the T20, but nothing of concern from our 2 main holders who appear to be hanging in there. A few new additions in the 2 - 4m range who weren't in the last published T20 list

Some selling from:
Merrill Lynch nominees - currently holding 34.18% - 146,759,029 - sold 72k shares lol
Comsec Nominees - currently holding .99%. On the 29th March comsec nominees held 2.03%.
Geared Investments no longer in T20 - had 14,000,000
SML Contracting - still in T20 but have sold 5,500,000 approx
African Iron - no longer T20
I E Properties - no longer T20

#13 top holder has bought 480k shares yesterday.

You only need 2,188,889 to make the T20... Management surprised by the sell-off themselves and in the process of organising an Australian investor roadshow to help promote the Company and its projects - as has already been discussed.

Should see some 604's at some point I suspect.