Originally posted by LT_Investor
Anyone know why the tenements cost for this quarter is so high ($3.267m)?
Why cant they just sell off the Centenaro project in Argentina?
The good thing they allocate $711k for exploration for the next quarter. Drilling to commence in March.
Thank you for your query on the investing activities, line 2.1 (b), in the Appendix 5B for the quarter ended 31 December 2018.
In in response to your email, I advise that the additional 1% inn MSB was acquired in the September18 quarter so is therefore in the YTD amount of $4.6m
The amount of $3.3m for this quarter is related mainly to the MSB capital call as explained on page 7 of the quarterly activities statement.
I trust this answers your question to your satisfaction.
Regards
