Ann: Ceasing to be a substantial holder, page-33

He does mention that after acquiring other companies assets by M&A they have had great exploration upside. Exploration teams in B2 have come to there own management and told them why they could lower all in costs through exploration upside and pre planning. They have acquired viable assets at fairly average all in costs and lowered the costs after taking ownership. So that being said if sanbrado isn't drilled out by the time the underground study comes out- we could be in there with a decent chance to raise the price of the project just based on that assumption. Hopefully they see just as much value in the project as the rest of us.