re: Ann: PMI Announces Interim Order For Merg... StuI will be in...

re: Ann: PMI Announces Interim Order For Merg... Stu

I will be in Perth the week of the meeting and will attend.

Waratah Investments have sold down 7 million shares over the past five months whilst PVM have had only nine days where turnover has been in excess of one million shares...
Fairly difficult to get any impetus up when there has been a willing seller of that magnitude.

Nothings going to happen to the share price for the next few months and then its questionable whether Asanko will stay listed on the Oz Stock market for any length of time due to the relatively small local holding of investers in the merged company.

That will reduce local interest and coverage from Oz brokers.

All of the above will not affect the value of the company however and I expect it to be a really strong investment for the long term particulary as the resource is still relatively untouched.