While the discussions are on-going they are advancing with DD at Antena/xupe using cash from Cascaval.
and can you please explain how that works under the existing agreement?
Does Anglo still retain 70% of the rights to Antena/Xupe or not?
Do you think investors have a right to know this little detail.
What would you think if OGX hit 100m at 10g/t Au, spending their Cascavel money and Anglo claimed 70% of it because they ended up completing the remaining $6.5 million of the earn-in under the agreement. You don't doubt that there is a binding agreement do you? or do you think Anglo and it's lawyers would just make a $3 million prepayment under a non-existing non-binding agreement. Esh
Eshmun
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Ann: DRILLING COMMENCES AT ANTENA - XUPE DEPOSITS, page-130
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