i jumped in & bought shares based on this announcement but later learned i was mistaken
this substantial shareholder is a US billionairess but i later learned she did not buy the shares but, instead, inherited them
i assume she inherited the shares from M C Davis, who was the vendor of the iron project
some links:
http://www.asx.com.au/asxpdf/20151106/pdf/432syjvvdzb9lt.pdf
http://www.forbes.com/profile/carol-jenkins-barnett/
https://en.wikipedia.org/wiki/George_W._Jenkins
http://www.asx.com.au/asxpdf/20140630/pdf/42qj3vfcq5hhfb.pdf
http://www.tampabay.com/news/enviro...ile-saving-as-much-nature-as-he-could/2244197