Ann: Notice of Annual General Meeting/Proxy Form, page-21

Surely Mothae isnt worth much on current performance, while they appear to have improved bottleneck etc, we need more than one quarter of improved performance and some upgraded guidance to get 1. any material value back (i.e. try to generate anything looking like a ROI), and, 2, to generate any meaningful cash to fund Merlin (or other exploration etc).

If they can get Mothae CF positive consistently it actually gives them a good platform to showcase the vertical pit mining and prove up the technique for Merlin... I see this as being integral for a future BFS to get Merlin funded.