"Following a conversion of it's B class shares to ordinary...

"Following a conversion of it's B class shares to ordinary shares in October 2011, SOL's holding increased to 93.4% in CopperChem.

In addition, SOL has provided CopperChem with funding through loans, convertable notes and covertable loans.
Once the convertable notes and loans covert to shares SOL's holding will increase further, likely to be in the last quarter of 2011."

That is extremely interesting.

There is no way known that SOL are going to be satisfied with only 13% of EXS.

I think that SOL has just declared its hand IMO.