Both I think - Check out this link re...

Both I think - Check out this link re rules:

https://www.companysecretary.com.au/board_briefings/SubstantialShareholders.pdf

and if you wish to lodge a complaint

https://asic.gov.au/about-asic/contact-us/how-to-complain/report-misconduct-to-asic/

Probably futile - but it would nice to put some presure on whoever is out there playing games on the sell side. 

Also check out the 50 year video:

https://www.grangeresources.com.au/php/page.php?p=33

A couple of points worth nothing - the magnetite ore body is that large that it threw off matthew flinders compass when sailing around tasmania and the first drill bit back in the 60's found ore down to 600 metres. That's why they are looking at underground mining for when they run out of ore in 2032 - there's still a couple of hundred of metres of the stuff below the maximum depth of the open pit. 

If I was Grange I'd sell southdown 10 year option to develop for around $US70 million with a $US5 royalty once up and running - that would be US70 million or 100 million AUD a year for 14 years - what do others think?

GLTA/IMHO