Ann: Placement of Rights Shortfall, page-23

Whatever your view on what money was meant to be raised, AVQ has about 2-3 months worth of money and not enough to do any serious work on the project. Why would they only raise enough money for 2-3 months of running costs? That would make no sense, so obviously they raised the money they could and that is not enough to do anything serious on the project. Maybe your view is with the money they raised AVQ can do some serious work to progress the project? Maybe you can comment on AVQ's ability to progress the project with the funds they have? I notice you did not comment on the lack of any announcements about the mineral resource for San Jorge?