significant alert, page-26

this is consolidation at the moment. cementing in 30c base.

this will not drop quickly any time soon as the top 10 shareholders hold just over 60% so very tightley held and these are people with long term views.

Plus a side note we have an Indian holder that has 16% of company and indians are snapping up coal. Yesterday an indian conglomerate paid $800+mill for Griffins coal assets which are inland in collie and have resources of 1 billion tons. You guys do the math ie when looking at resource figures REY is aiming for.