Ann: Change in substantial holding AI, page-5

Hi Curios,

Should have more than million left, check the recent 3b's. Off memory 4 or $500,00 grand has gone into the company through early exercise of options. Also, Jeff has run this on an oily rag for years. Even the last round of drilling in 2015 was paid for in shares to preserve the companies capital.

Again going off memory but if all options are converted early I think it was something around the mid 1 mill of cash coming in, and there is no reason to think they wont as they are all currently in the money. Granted they will need some good drilling results to drum up some volume if any of these option holders want to sell. Anyway, 1-2 million cash, more than enough for the company to play with.


Pilot plant contract's have been signed on a revenue sharing basis. Get the drift? Management are happy to share some now to preserve capital whilst they build this thing up.

tbh, anything over 5 g/t at shallow depths over a large interval would do me just fine I have a suspicion its going to be considerably higher though.