007, tidy work as usual, cheers.I was hoping, along with...

007, tidy work as usual, cheers.

I was hoping, along with everyone else, that we wouldn't have to offer equity at such a weak level, but it is what it is and in the abscence of a better deal I'm happy to maintain ownership. Depending on your holding size and depending on a scaleback re the $10m SPP cap, retail may be able to remain undiluted.

For all the board and management bashers, you can rejoice in the addition of Luxford to the board and access to Scotland. Reading about their Accessio Resources company they sound they like will be a fantastic technical and operational addition.

In all likelihood Blumont will draw out the best from Boseto and end up taking 100% of DML in due course. If they're capable it'll be done before fair value is seen in the share price, hopefully we'll see some of Boseto's potential in the transaction before any compulsory acquistion.

There's a little spiel in the deal that states that "to the best of their knowledge Blumont and associated entities have nöt had any prior relationship with any DML investors or operators and vice versa. Blumont Copper was incorporated 18/19/2013, they definitley kept ninja on their proposal!!

There's also a little note that a subject of the deal is the lenders dropping the change of control repayment trigger. Of course it's a common requirement but I think it's safe to assume that Blumont will be 100% owners at some point if they can start to extract Boseto's potential.

Now let's start seeing some new drilling results of this very promising Kalahari copper belt.

We're gonna get f*****, no doubting that, but let's hope they wine and dine us first, CFC's attempt would have just left us shamed, sore and required to work in a standing position for a few days. At least Blumont might leave a couple of grand on the bedside table (hopefully in the metaphorical, not literal sense).