Ann: Appointment of Managing Director and Chief Operating Officer, page-188

The new MD's salary is strongly incentivised by market cap. His experience in building TanzaniteOne shows he can develop projects in Africa.

Looking back, the shambolic performance of the previous operating strategy of buying shonky rubies off artisanals and trying to sell them at auction was never going to work and got what it deserved = a big whack in the chops.

But moving forward, I suspect MUS now have a really good jockey, its just a case of where the horse he's sitting on is good enough to run a race. MUS is well worth a bit of research this afternoon because its currently as cheap as chips.