Somali Malaysian Company Ltd. is an advanced exploration and mining emerging early stage development company focused on following the discovery of large mineral deposits in Somalia, and preparation of technical reports and visibility study of whole operational area geographically, the company has reached the end of its primary exploration phase and plans to move forward into the development stage to value and define this deposit with a full scoping study. SOMACO believes that value-adding transformation of the gemstone mining and trade should be based on key competencies and reasonable experience at equity holding as well as operational levels. Failure to do so can result in compliance to legislation albeit the detriment of value-add to shareholders.