Ann: Muga Project Environmental Permitting Update, page-10

It looks as though the Company is wanting to close all final loopholes for a potential legal challenge (if it were to come) to the licence, once being issued.

You can't blame the Board / CEO for taking the option for one last round of public consultation.

You would be more upset with the Company if they were to be granted the licence, for it then only to be legally challenged, with the slightest of doors being left open for the legal challenge to have merit.

Unfortunately for us it means a further delay in the license being issued.

You would have to assume that this last round of public consultation will only be to hear any 'new' grievances. Now targeting Q4 this calendar year for the license to be granted.

To be fair the share price has weakened over the past week and the sell off today is relatively minor, with FA volume going through.

I don't like it any more than every other shareholder in terms of a further delay, however, what can you do about it? Sell out and move on, bottom draw the position or buy more....