Ann: Appendix 4D and Half Yearly Financial Statements, page-7

I completely agree with your assessment of MVC,

MRC current management has cut costs, fixed the issues and Tormin and Skaland and returned the company back to profitability.

Hopefully, they can resolve the final processing issues with the inland strands and the small profit we see now will be significantly higher in the future.

I am certainly looking forward to the company commissioning the 3rd PCP which will increase the capacity to 3.9mtpa and moving forward to producing finished products. this will be tranformational for all.