This is Ashley Zumwalt, page-93

AF just bought $97M worth of FMG shares on market increasing his stake past 33% and tightening that share register
with annual $1.8B F/F divys cashed in bank he is cashed up to the nines.
who the heck would want to take him on right now?

Without the CN dilution overhang which is now gone, perhaps AF might consider doing the same with POS as his holding is ~17% so has space to 19.9% for another ~50M shares.

If youre reading this AF, on behalf of myself as a long suffering POS shareholder, humbly & graciously request that you please:-

- also buy shares on market in POS to the 19.9% threshold (a big sign of confidence)
- rejoin the POS BOD as chairman as you were pre 2014
- ask POS BOD to buyback shares in POS using $5M cash (a great move to tighten the register)
- propose a CN for 200M POS shares with ex price of 20c ($40M cash for production startup/for AGM approval)
- ask POS BOD to engage an offtake partner for POS maybe Tsingshan again or even FMG
- ask POS BOD to engage BMM for LJ mill tolling from Lanfranchi with a royalty
- ask FMG again to market POS offtake production and tolling
- move the POS HQ to the FMG building to reduce costs
- engage a cost cutting taskforce to get POS COP down below US$3lb (as was done so well at FMG)
- show up to the POS AGM as a sign of support after 6 years of proxies
- give us fellow loyal local ozzie shareholders a sign that we are not alone & you are with us

In AF we trust!