It seems pretty clear that it’s Lulo or bust for current...

It seems pretty clear that it’s Lulo or bust for current shareholders of LOM.

I have no interest in waiting another 5-10 years to see whether the development of Merlin is a ‘success’ or follows the way of Mothae. And I certainly don’t want to see my shareholding diluted any further, at the expense of developing Merlin.

It’s been a long and frustrating road and the stock has become a perennial and predictable disappointment. We are basically half way through 2024 with f-all in the way of progress at Lulo. Hopefully H2 can be more productive - monetise Mothae, get the MIC over the line, and get moving with the priority targets at Lulo - in particular L014. We don’t want to wait another 2 years, just get it done FFS.