Ann: Kitumba Project Update, page-6

I can not share your view. We - the shareholders - have inested roughly 100m into Kitumba and I do not believe that it is a good idea to sell it in the current envoronment. What will we get? I guess almost nothing. Better wait a few years, reduce costs to a minimun and develop or sell if possible in a position of strenght.

I just want to reitarete the fact that Lloyds average cost price is higher then actual share price and I really do not believe that he would sell just to get his money back. No...he will wait and will try to get the max out of this story and in my view this must be a price in the area of 40 cents at least. Might be even substantially more on the top of the next pig cycle - in 5 to 10 years.....if he and we are patient enough.