I would like to think that Lucapa will look to defer any...

I would like to think that Lucapa will look to defer any development plans for Mothae, unless and until they get some big wins at Lulo, given the colossal investment failure with Mothae.

It would also seem appropriate to trim their head count. They surely don't need so many corporate overheads to operate Lulo.

If they get some wins on the board, then revisit Merlin, and hire new people if necessary.

The uncomfortable truth is, having been a shareholder in this trainwreck for so long, I have zero faith that either of these things will happen.

More of the same, I would expect.