Ann: $2.2M Placement Completed to Support Jambreiro FS Review, page-4

Sounds to me that future partners are going to jump in Jambreiro asap as long as they see the final confirmation, which is why we need to raise and push to renew the strategic and update the feasibility study. Vale has been hit hard with the recent damp collapse and now pushing hard to reopen their mines. Speculatively, they could have been offering us. It is also good to see people willing to jump in more than expectation. However, Im still seeing this can drop to 0.5 but will bounce back to 0.6 and stay there for a while.

What a year for CTM: Salobo, Jambreiro, Itapitanga, new tenements.