Unfortunately, I can’t translate the article, however from the...

Unfortunately, I can’t translate the article, however from the company announcement it seems to me that the directive to stop mining was effective from around the date of the announcement. Discussions may have been taking place earlier. The announcement also states drilling commenced in January.

With regards to share ownership, many holders have numerous accounts. If ML has sold down (...if..) then obviously someone else has stepped up. The HSBC holding is no different to the vast majority of listed companies which have nominee companies as major shareholders . Possibly picked up at last capital raising (which would be a good thing), however given the minuscule volume of trades over last six months, I don’t get the feeling there are any secret trading patterns in play.