Nice start, page-22

I also would not be surprised that they would desire this outcome , the savings would be significant to a non Aussie listed owner like a southern copper or Cape Lambert , or Junefield

The block item is that the top 20, hold almost 75% I believe and are not the selling pressure

The bottom of the register is where LRS has the turnover that has seen the stock weaken so badly

The strategy to advertise in hot copper was designed to tighten up the loose hands but all it did was lift expectations and the new holders were short term traders which added to the problem not fixed it , this has seen the low volume selling push us below the 3.8 cap raise price holders in the top 20 thought impossible

If you read the Southern Copper annual report you will read how much they rate the Illo region already

Vale is another wanting to increase its exposure to the area