I am not sure who amongst us has actually spoken to Management, but my understanding now after a brief conversation is.
1) we were unable to introduce a 3rd party and funding within the 5 week timeframe, and this has meant our equity has been reduced to point we are no longer making decisions on Uraguay project.
2) the Spain project is most likely of all projects to move forward in near future.
3) Spain project will require a $6 million investment.
There is no news to dilute expectations of results from Uraguay project, but we are not making decisions anymore.
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royally stooged, page-9
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