Ann: Proposed Expansion of the La Demajagua Project, page-5

I hate the perpetual delays, however, it does seem to be the correct pathway forward. The short story (in my mind) was. 1. no-one was offering project finance. 2. concentrate sales channels have shrunk due to Russians being warmongers and that leaves us with 3. convert the project metrics into a project worthy of attracting an equity investment for a third party. It seems to me that this is the best option in these markets and geopolitical conditions.

Aside from all of that, I honestly believe the attention of the company has moved to copper as the primary commodity of focus. So any serious movement with LD is a side note.

IMO, we don't really get anywhere fast until the NS license is firmly written into our new JV. Only then will the market consider caring about the outstanding opportunity it presents us. Only management can make this happen; it's all on them and their relationships with the Cubans. Times a ticking...