Proactive Investor Report - Sydney, page-148

The $10M will most likely go towards purchasing the area outside Alacran and towards mine development for MDP and LB.

I think Thunder crunched some numbers on capex figures some time back when we were comparing other silver mines operating in the area. Whatever the final figure is, it's going to be much lower than Australian capex.

I'm fairly certain that we are near $20M in the kitty this quarter. AZS has about 3 or $4M cash on hand before we raised.

Might be a good exercise to crunch some number while we wait in between assay results.

Haplo