Ann: March 18 Quarterly Activities Report & Appendix 5B, page-9

... still in negotiation with luso about sepeda ... luso & jurisdiction in portugal is very very slow ... resource in sweden seems to be too small for an economical project and for additional investment ... looking for other potential projects outside europe (?) ... news release after the facts, acting reasonably ...
maybe we´ll get more and closer details with next qtrly report (end of july ...)

be aware ... after release of any major news price will move very very fast ... NOW is time for accumulation - all you need is patience. cash still @16M