Ann: Company Update - January 2018, page-128

Hotza
This project is going ahead
Look at companies this time
No gangster companies but real ones
Not single CGGC company with no backing

This is a well structured deal which will
Take time one step at time
And the fact that they taking 51 of project
It means they are going to run it

With respect to Julio the penguin
Is a hard
working man and kept company together
Whereas any other c. N t Would have run away

The inability of previous years to get job done was
The fact that there are. million io mines being developed
Around the world most low grade io
Now focus has changed to only high grade
Quality io project and this one is probably best
In the world
With all respect you wrong and Julio deserves to get something out of this

As far as Westcott is concerned I have a lot of respect for him
Sdl will never go to 40 or 50 c
But has every chance of it going to 10 c
Cheers
Let’s hope Cameroon gives the extension
And get the ball rolling
Cheers