As expected after the Mawarid move. This is an outstanding...

As expected after the Mawarid move. This is an outstanding result for UCL imo. They have unified the project, removed MAK management interference. It has doubtless cost cash in expenses however has not cost shareholders large dilution. Dilution will be coming in due course and we may see further price falls as a result but should nowmbe just for a viable project. the way is clear for a very long fiscally sound partnership with Mawarid and the Namibians - assuming permits.

Plus potentially better exposure to further developments at Mehdiabad - which means a much happier nobull! :). Will be interesting to see what our Omani friends might be able to do to help us on this one. Big challenge for the time being is the sanction regime, even with Irani will,