$20 million placement closed over subscribed, page-6

well guys one thing we do know is its going to be very exciting for AVB holders. Thats a massive drilling campaign.

"The Company is also at an advanced stage of negotiations on several additional high quality copper projects, also located in the Carajas Province."

If they lock up more ground in the Carajas I'll be happy with that. Im guessing they will look to secure the 14 million for the HGZ once the trial mining license is granted. They may even stick to the 2 million pre production Capex and fund the additional 12 million from early cash flows. This was their initial plan. They have options on what path they decide to take.