Ann: Agreement Executed to Explore and Acquire Cerro Bayo Project, page-7

http://www.equusmining.com/wp-content/uploads/2019/06/Path-to-Production-Cerro-Bayo-Mine-District-June-2019.pdf

One could assume EQE already has funding in place for the next cap raise given the terms of this deal. Unlikely Mandalay would have gone ahead if they thought EQE were about to run out of money.

- Cap Raise (Monday~Wednesday)
- Environmental Permits approved (September)
- Resume Drilling (Q4)
- Consistent news flow of assay results proving how good this resource really is
- Shareholders start seeing returns on their investment (next ~18 months)

Seems fairly straight forward if there are no more controversies.

EQE would do well with the local community to locate the two dead miners and return the bodies to their families.