Trading Halt / Suspension, page-20

Yes, all a realistic view on some level. But their are other options as well.


However, IMO, the Chinese will not be put off by this, there were already offers from China via Perilya on the table to help with finance. I don't think they will disappear. I'd be surprised if there were not other parties in China with interest. The likes of Trafigura and Glencore work with all sorts of political systems world wide. There has always been the option of mine development or corporate action. That still stands.

I appreciate things are far less certain and everyone's fears are heightened (only have to look at the trolls gathering in the hope of a feast) but the appointments that continue to come out from the military have good economic credentials and these actions speak louder than the words alone. Bawdwin is one of the few large scale projects that could actually be got up in the next 12 months.

All along, this business was structured to weather the diverse risks inherent in operating in Myanmar. Now we get to see how good management were in their strategies. I for one continue to believe that they have set us up well. I still expect MYL to see success with the project and one of my measures of success is certainly my portfolio rising.

Time to go for a surf.