Ann: Scheme of Arrangement and Demerger, page-66

Those who think the offer is too low, really should've been buying last week at 1.2 cents. Like I said last month, when I was loading up at 1.3c it was always likely An steel would buy out GBG's stake in the I/O and I was buying for that reason..along with a free bet on Mount Gibson..so we're not just getting 2.6c a share..we'll have a stake in the copper/cobalt. Wishing all fellow retail share holders the best anyway..and productive use of the eventual takeover proceeds..Go cobalt