The AGM was a particularly subdued event this time round; sentiment taking a hit, due in large part to the withdrawal of the remuneration resolutions. Less than 20 shareholders in attendance, from a glance at the room.
Anyway, the message was still as positive as ever, They were adamant that this time there is movement on the % issue, so stay tuned on that one. They got lucky and picked up some diamond processing plant at a good price, with Merlin in mind, so that's good, and right now the debt on Mothae is as good as expunged with only some interest left to pay.
Otherwise, it's business as usual as the fields start drying out.
B22
Ann: AGM Presentation, page-2
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