Ann: China Pit Scoping Study Finalised, page-62

I'd be interested in how others view the Perilya 20% stake, if I remember correctly, Perilya are prevented from increasing above 20% but also cannot sell within a certain time frame - so this has effectively removed 20% of the issued shares in MYL from the market.

Its certainly a sign of confidence that Perilya were prepared to invest, and accept the conditions, but it also means they Perilya have a hefty blocking stake, so it won't be easy for some other 'chancer' or opportunist or even another base metal major to attempt to acquire a significant amount of shares or indeed a control interest...