$gamma p rightarrow K^+ Lambda$ differential cross sections and recoil polarisation data from threshold for extremely forward angles are presented. The measurements were performed at the BGOOD experiment at ELSA, utilising the high angular and momentum resolution forward spectrometer for charged particle identification. The data discriminates between conflicting results in the world data set and enable extraction of the cross section as the minimum momentum transfer to the recoiling hyperon is approached.
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