MGX RESOURCES LIMITED — Major Shareholding Notification 2005

Jul 5, 2005

804 page 1/2 15 July 2001

	Form 604
	Corporations Act 2001 Section 671B
÷	Notice of change of interests of substantial holder
To Company Name/Scheme	Mount Gibson Iron Limited
ACN/ARSN	008 670 817
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	Sinom (Hong Kong) Limited
There was a change in the interests of the substantial holder on	440105 ستنتقص والمساور المحامد

The previous notice was given to the company on 06/01/05 $2610105$ The previous notice was dated

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the soheme that the substantial holder or an associste (2) had a relevant interest (3) $\vert$ in when is transmitted, in give

Class of securities (4)	Previous notice		Present notice
- - -----------	Person's votes	Votina cower (5)	person's votasi	Voting power (5)
SÁAYES Urdinan	027.200 21.	70 a /	'es 000

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the
substantial holder was last required to give

Date of change	Person whose relevant interest changed	Noture of change (6)	Consideration diven in relation to change (7)	Class and number of socurities affected	Person's votes affacted
9/67/05		Sinou Monstone, Dilution through			Sinom (Hay Kuly)
07/01/05 - 24/06/05	Linux ced	On MORET IN MAY	(See artowancer
			ستاذ

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of Leigvant Interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant Interest (B)	Class and number of securities	Person's votes
	Sincon LHouy Coup Ciminal				12.700.000 12.700.000

5. Changes in association

The parsons who have become essociates (2) of, cassed to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

_________ Name and ACN/ARSN IIf some ∵aplicable. ∶	______ ---------- . Nat `Ciadon ______
.
	. _________ $- \cdots$

6. Addresses

The addresses of persons named in this form are as follows:

Room 606, Toney Ore, Kene) Liewied Lion Chana

Signature

print name	CHEN 54 B at	Divernov capacity ---------
sign here	动凤菊 ليمانى ______	date $0\frac{1}{2}$ / $0\frac{1}{2}$ / $0\frac{1}{2}$

DIRECTIONS

• if there are a number of substantial holders with similar or related relevant interests (eq. a corporation and its related corporations, or the manager and trustee of an $\mathbf{11}$ equity trust). The names could be included in an annoxure to the form. If the relevant interests of a group of persons are assemblely similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 8 of the form
• See the definition of "associate" in section 9 of the Corporations Act 2001, $\omega$
• See the definition of "relevant interest" in sections \$00 and \$718(7) of the Corporations Act 2001. $\left( 3\right)$
• $[t] % \centering % {\includegraphics[width=0.9\textwidth]{figs/figs/figs/figs/figs/figs/figs/figs/figs/figs/figs/figs/figs/fig$ The voting shares of a company constitute one class unless divided into separate classes.
• $[5] % \centering \includegraphics[width=0.9\columnwidth]{figures/fig_1a} \caption{The average number of times on the left and right. The number of times on the right, the number of times on the right.} \label{fig:1} %$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $[t] \centering% \includegraphics[width=0.9\textwidth]{Figures/PD1.png} \caption{The 3D (black) model for the $2D$-error of the estimators in the left and right. The 3D (black) model for the $D=1$ and $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ (black) model for the $D=100$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6712(4) applies, a copy of any (a) decument setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or prrongement; and
• $b$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 8 of the Corporations Act 2001.

• Details of the consideration must include any and all banafits, money and other, that any person from whom a relevant interest was acquired has, or may, becom e $\Box$ entitied to receive in relation to that soquisition. Details must be induced even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• if the substantial holder is unable to determine the identity of the person (eq. if the relevant interest arises because of an option) write "unknown". 樹
• Give details. If appropriate, of the present association and any change in that association since the last substantial holding notice. 倒

	Date	Unit Price quantity		cost
SELL	$2005 - 1 - 7$	0, 302	580,000	173, 703. 50
SELL	$2005 - 1 - 10$	0.280	207, 200	57, 609, 89
SELL	$2005 - 1 - 11$	0,285	300,000	85, 894, 50
SELL	2005-1-11	0.289	500,000	144, 039. 00
SELL	$2005 - 1 - 14$	0.360	100,000	35, 910, 00
SELL	$2005 - 1 - 17$	0.360	100,000	35, 910, 00
SELL	$2005 - 1 - 19$	0.400	100,000	39, 900, 00
SELL	2005-1-20	0.425	100,000	42, 393, 75
SELL	$2005 - 1 - 21$	0.430	237, 193	101, 738.01
SELL	$2005 - 1 - 25$	0.400	2,807	1,082.80
BUY	$2005 - 4 - 15$	0.637	126,000	(80, 052, 02)
BUY	$2005 - 4 - 18$	0.610	126,000	(76, 631, 25)
BUY	$2005 - 4 - 19$	0.637	250,000	(160, 046, 25)
BUY	$2005 - 4 - 20$	0.658	200,000	(132, 157, 50)
BUY	$2005 - 4 - 26$	0.628	100,000	(63, 113.00)
BUY	$2005 - 4 - 27$	0.615	100,000	(61, 807, 50)
SELL	$2005 - 6 - 23$	0.715	200,000	142, 260, 12
BUY	$2005 - 6 - 23$	0.670	73, 423	(49, 439, 38)
BUY	$2005 - 6 - 24$	0.667	126, 577	(84, 845, 81)