Patersons Research Update, page-105

What delay in ML confirmation??? Didn't Trevor Benson say he expected it in July? There seems to be little doubt that the ML will be granted. All the evidence leads to that conclusion. If it is announced before July then all well and good but it won't alter the fundamentals of the Lindi Project. If people bought WKT shares based on the robust nature of the projected returns from the DFS then they are misguided in selling based on a "delay" in the ML being issued. There is no delay. The numbers have not changed (except on the upside). The future of WKT is still very bright. The one thing that I am personally impatient about is the set of results coming out of Northern Ireland....as a boost to the SP, it could be much more important than Lindi in the medium to long term.