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"It's a completely new area for cobalt AZS has identified and we are busy looking for other occurrences in that same area....and we are hot on the trail of finding some more."
"and maybe some other companies will be hot in there too"
Tony R: "it will be a very competitive process".

Just on that, Tony has been very reticient about the surrounding land. It's reverted to government control. But if AZS is now conducting exploration there, it's got to have some permit scheme ...very interesting!

Also AZS has employed Mexican labor AND specialists so there has been an excellent relationship developed over the years.

As for finances:
$10mil in the bank, free carried at Alacran, and no need to raise capital for 1-2 years.

SWEET.