mkt cap under $100 mill now, page-11

Snick - Not sure that these studies move a SP very much, too esoteric, too detailed, too long term. Unless they can give some concrete plans around funding I think it may be viewed as a fizzer by those that are expecting it to really power the SP.

Manage expectations now, the company has consistently delivered on it's commitments and its one of the reasons that I have hung in here. But they now face the biggest challenge which is to secure funding for a PFS/DFS let alone get this baby into production.

We have the copper in the ground - can we get the finance? Did your discussion with the company cover any of that?

Matt