Ann: Sustainability Report, page-6

GL with your investment endeavors

Management are embarking a pretty big program for 2024. Whether they start all 3 projects simultaneously (EP VC and Limon) or stager, (2 rigs so probably stager) STM will need to fund these programs. At present there could be enough COH to start one program, or a rig at 2 leases, add some more value and leverage to the equity and CR as news starts to come through again. Hopefully Patrick weaves his magic and finds a cornerstone, venture type of investor that supports our programs because at this level of value and leverage a broker style of fund raising will hurt shers.

Would be ideal to raise enough for 12 months and drill the crap out of each 3 leases. Some large anomalies and positive surface sampling to target large zone mineralization. STM need to improve the rate of increase in the MR, been a bit slow 2023. Probably why the team are stepping up exploration programs next year.

Interested to see what surprises there are at Verde Chico, looking forward to this program. Sound like STM will kick of 2024 running hard. No doubt myself and along with a few here will follow your footsteps if 2024 is similar to 2023 but IMO the SP has factored in all negatives at this level and reading between the lines drilling will start in January. Not long.
GL to you