OZL PH stockpiles, page-25

Ok, reviewed the information. I have always considered it a takeover but technically it was a transaction. For some reason I had it in my memory that shareholders got cash from MinMetals but reviewing the ASX announcements from June 2009 the cash all went to the company which used the proceeds to retire nearly all of their bank debt, which had blown out under Michelless et al, and the rest of the funds are largely still in the bank.

We did get some of the funds from the company (besides dividends) via a capital return in June 2011, about $1.20 per share if my figures are right.