Key Points

1. Anglo has 10% giving them first dibs on development or takeover. Which companies would be willing to take Anglo on?
2. Mining permits. They are progressing the final submission for mining approval at Mira Flores. A mining approval would be gold and take another concerning factor off the table.
3. good management - spending very wisely and has plenty of money left. $600k usd per month on drilling.
4. Hole 24 changed the managements thinking. The edge is now the centre of the porphyry.
5. Tesorito West - doing deep penetrating IP that will see down 1 km to help them vector in where to drill.
6. 19 min 16s in, Ceibal - 3 things about Tesorito that make it exciting 1. Marmato fault... north south structures. 2. The big deposits sit on the crossing of the of the north south fault with the north west fault. We have that in Tesorito 3. the fault bends, creates more openings for fluid. Tesorito sits on one side of the fault in the bend and Ceibal is the mirror on the other side of the bend.
7. Greenfield - early stage generation program that generated Ceibal, bubbling away in the back ground.