Ann: Financial Results from Revised Scoping Study, page-3

Useful data in the scoping study and not too far from what was expected so I guess the market reaction is fairly neutral for that reason.

I think the modest movement in the share price reflects the fact that there is potential for significant dilution if we don't get a sizeable pay-out from the dam dispute. Finance could be difficult to source for a project in Cuba in the current political environment.

A lot is riding on the arbitration result, even if AAU says it is not counting on it.