LEThank You for you reply,you seem to have spent a lot of time...

LE

Thank You for you reply,you seem to have spent a lot of time looking into EXT and it looks like you have done very well congratulations.

Just a quick question you might be able to save me a bit of time finding it. you mention large holders hold approx 83%.

On my system through irress it show only two large shareholder

N/A 24/03/09 Rio Tinto Group 34,621,402 15.57 0.000
N/A 30/03/09 Polo Resources Limited 15,028,199 6.800 0.000


But looking through latest reports top 20 equal approx 77% there obviously must be a reason, kalahari makes up a large chunk, and the majority of other holders must be under 5%, Acorn has also recently bailed.

With re to RIO i do not believe they will have a stab untill chinalco is dusted one way or the other. The effect will be positivce for holder IMO as they will be forced into paying a higher price as more of the resources are firmed up.