Ann: Investor Presentation, page-92

The water issue reminds me of another stock I hold, where they had to install a bigger water pump to handle the clay, and that was shortly after successfully commissioning of the DMS plant.

Issues like these are expected in this industry, however the market often shows little patience. Good for me because I increased my holdings today.

If Mustang is to succeed there are two critical natural resources which are paramount:

1. quality of rubies and grades
2. available of adequate water source

I think we have both!