changing of the guard, page-12

what are you talking about?

have you read the BFS?

It is economical & commercial with NPV in hundreds millions at lower gold price

low grades

but OPEX is among the lowest of known goldies

the big unknown here is the country risk

If this deposit was in Aus, funding would be a matter of time

yes a small punt from us

but have you asked the majors operating in Bolivia the same question about forking out 10-100 times of 140m capital investment?

the NPV & EV/oz means current 20m MC is a bargain

but without the right management & no funding, the project is just a pile of dirt sitting in ground

big risk, so is the reward

big reward, so is the risk

every investor has their own risk/reward acceptance level so does the bankers.