CEL 6.25% 4.5¢ challenger gold limited

Ann: Quarterly Activities Report, page-2

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    "Subsequent to the end of the quarter the Company restructured its operations in Ecuador, with 90%
    of employees accepting redundancy packages. The restructuring will reduce monthly spend in Ecuador
    to approximately US$120k/month. The Company maintains sufficient coverage to supervise a 2-rig
    drill program should external funding for the project become available. The Company can re-adjust
    Ecuador staffing levels (both down and up) in the future should this be required."
    Is the external funding the next door neighbour?

    Raider
 
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