Those 1st and 2nd tranche refers to further share issues to...

Those 1st and 2nd tranche refers to further share issues to those vendors 50 million each issue and yes has conditions DFS and MPSA
I have not seen any announcement that says hole MCB 039 has been started ?? I saw mention of a planned hole.Not that they would always tell shareholders what they are doing.
At this issue price of 1.3 c that says management have put a MC on the company of just under $16 million so makes this Anleck deal way over priced so perhaps they better think again about all these other payments yet to be made 100 million shares plus a royalty.
So far CLA has spent 5 +6+3 and now 2 million on MCB meaning MC is only equal to the outlay then zero for Opuwo and others so looks like it was overpriced and management ( who are also the vendors) have failed to enhance share holder value. I reckon this conflict is not in the majority of shareholders best interests.