Re: "i believe they were in Europe last week"....

Anglo Pacific's head office is in London. They participated bigtime in a couple of cheap SGX PPs last year to total 9.8 million shares at 10-15 cents I believe. They virtually immediately (after hold expiry) sold a bunch but just enough to re-coup their initial invesment. They still hold ~7 million shares of SGX. BUT... In addition to the PP shares they also have ~5 million warrants @ 20 cents... 2.5 million expire April 13, 2008 (coincidence?!)... the remaining 2.5 million expire March 30, 2009. SGX might going to give corporate update to Anglo Pacific mgmt so they can determine whether to exercise warrants? Maybe? JMHO.

Might also explain recent walls placed at 24 cents... Anglo Pacific may have exercised their 2.5 million warrants @ $0.20 ($500,000) and then plan to sell ~2.1 million shares @ 24 cents to re-coup this cost... thus leaving them with ~400,000 free shares?! They may have actually pre-sold some shares short leading up to exercise... No way to tell exactly what is going/has gone on but can guess... either way... 2.1 million shares is nothing to churn through here given SGX relatively high average daily volume.

Or... maybe not :D.

red911