@HomeBrand re ctm, that recent entry is for the annual tenement...

@HomeBrand

re ctm, that recent entry is for the annual tenement fees TotalAreaHectares

they are paid annually, either in jan or jul, depending on an effective date determined by the dnpm

if you look at both sw1 and sw2 you will notice entries for both at those approx dates each year (either in jan or jul)

ctm will get a discount as thay won't be charged for the period when they were appealing the icmbio decision, re the drilling permit

interestingly they still have not stated whether the 'tap' wetlands have been approved for drilling and they submitted that application prior to the recent re-application for 'slobbo', although they are 2 different entities assessing the 'tap' and 'slobbo' drilling permits for enviro approval

imo, they are cutting it fine with what comes first - 'slobbo' drilling approval or cr

last year avb stated approx us$185 per metre for diamond drilling and assays

ctm will be drilling 30 holes, (from anns), at least 200m each, 6,000m min @ us$185/m = approx us1.1m min, in 2nd qtr 2019 (would expect deeper then 200m holes, one of the historic holes stopped at approx 130m, ctm says approx 50m shy of one of the recent gravimetric anomalies)

approx $1.2m currently in bank (incls $200k for fe sale)

quarterlies will provide more detail in about a week or so

tick tock, not currently holding ... watching

all, imo, cheers