Ann: Quarterly Activities & Cash Flow Report, page-18

Cash control has been exceptional to date. However, truth be told, management need to find a way to ignite that SP or secure debt funding because inevitably that cash balance will dwindle away as we prepare our DFS and raising again below $2 will taste like off-milk (especially for LTH).

Unless Management are getting it in a position to sell off which is a real possibility. I have no doubt JP will not be letting this go for $1 less than fair value. Based on the metrics of other recent deals in Argentina, you'd be crazy not to consider a return of capital free from development and construction risk.

Plenty of good times ahead; hoping the resource update, GB update and DFS will see this re-rate to a fairer value.