Ann: US Silver-Gold Acquisitions Transform Exploration Portfolio, page-35

No, no need. Your statement was absolute...in terms of SVL cash position only, not relative to others.

by way of comparison, is cash balance relatively solid?

**well, given they've just recently completed another SH dilution several months ago, of course they are cashed up**

but these are valid questions...

how much cash now in the bank (i'd hazard a guess circa $19m)

what will their upcoming expenditure look like (I'm guessing $5-6m per quarter)

how long before they launch next CR and receipt funds? (I'm guessing end of 25 or very early 26)

next question....do we have updated and robust estimate for Bowden construction and commissioning? Thats clearly pie in the sky.

but each to their own risk / reward scenarios