Ann: Inca Agrees US$9 Million Earn-in Amount, page-21

Razorline its a JV for a company that had a maybe deposit in a known area of the world for huge copper/moly deposits. So now we still at this stage have 40% of a tenement called Requeza which is abutted Cerro and in the same zone of mineralogy so what this minor has done is enhanced a major to come take the bills and do some exploration due we don't have the cash to do it ourselves so if it goes to BFS we have 30% remaining of a deposit that in worth money not a 100% of tenements with no cash to do anything but look at the pictures. We also have Cerro Rayas sitting at the fence line and from all intent its as good as Requeza.

So better 30% of something than 100% of nothing, said the hooker to the sailor when taking discount.