very quiet, page-6

Nothing for it but to focus on presidential elections in June 2009 (and maybe the parliamentary elections in March 2008) and maybe the possible $4.5m payout from EFIC to help pay for a fill-in project while we wait? Merry Xmas all. (Continuing to hold 1120k).

Yes, I am pleased about the official recognition of our increased stake entitlement in "Mehdiabad" but of course the share price rightly recognises we've gone from owning 25% of almost nothing to owning 47% of almost nothing!