Ann: Quarterly Activities and Cashflow Report, page-4

Looking for some thoughts from our illustrious commentators, please.

I am interested in the new venture, and the planned payment to current owners.... plus, if there is a successful find, they will be paid a bonus amount. Thus quoting 500,000 ounces of gold - if found.....more shares distributed. 500K ounces of Gold sounds like a pretty good find, and promising for the business into the future! Surely current owners would not agree to such terms, unless there was some promising analysis of what is out there. Surely????