This should go to ASIC & ASX, page-13

I think the consolidation would be for one of 2 reasons:
1. to reduce share volume, also eliminating small possibly inactive parcels, making it easier to mop up the remaining shares and gain 90% second time round (6 months), or
2. increase SP thus making it easier to raise funds during a CR for the purpose of developing West Linepachan
The second option would require that PB's comment of 'exciting times ahead' was actually truthful however, given the complete lack of transparency and manipulation and out right betrayal of share holders who knows what to believe when PB's forked tongue moves.
I feel with this management team the small share holder is playing a game of chess trying to figure out their intentions and whether or not they intend to screw share holders while they are down and dazed.