Valuation 64c per share IIR research report, page-46

Wow these cyclones are cranking up. We dodged a bullet with Idae hitting Mozambique (no disrespect meant to the victims) as it spent some time sitting off the mainland west of Madagascar before heading south east to Mozambique. Very large system when you view it on NASA site. There's no doubt cyclones will be a risk that WKT will need to consider going forward regarding contingency plans regarding the port of Mtwara and also preparations to standards onsite for infrastructure. Very timely reminder from mother nature for management to consider.