Ann: Annual Report to shareholders, page-2

An excellent report, which I think needs acknowledgement here. Nice layout, easy to read and informative. Nothing new as far as the exploration is concerned, but an annual report is not the place for price sensitive NRs.

For those who have not read it, or don't DO Annual reports, this was said about the permit.

"The application for an
environmental licence, which
includes an Environmental Impact
Assessment (EIA), to facilitate
drilling at Bramaderos is currently
being reviewed by the Ministry
of Environment. Importantly, a
permit to extract water from local
sources for use in the drilling
program has been approved
by the relevant government
office. Drilling is ready to
commence on the granting of
the Environmental Licence."

We have been saying for some time that the permit must be close, and now there is a slow drain away of holders waiting for that news - IMO one should read the Operating Review in that report first, including the Viscaria sale NR.  When the news comes it will be on the other end of a TH and there will be gaps which almost certainly will never be filled and will be hard to cross.

Just IMO, and said because I don't want the SP to erode, OK?