Ann: New Project Delivers High Grade Silver & Gold, page-11

Agreed with sentiment that Oposura as Management have expressed that is the flagship Project/ main game at the moment.

Will certainly come in handy having a cash generating project given potential for Alacran so big picture..Oposura required to support Alacran ( IMO) .

Scenario 1 : 35 % Contributing Ownership should teck decide they have a Tier 1 Deposit worthwhile developing ....cash required...Oposura will provides them this..How much required though...would suggest significant..at least AZS wouldn't be an easy buyout option if Teck wanted to muscle them out of a good deal if cash poor at decision time.. .

Scenario 2 : 100% Ownership  if teck decide to opt out .Cash required to develop silver deposit...and they will certainly have this covered from Oposura.

I like the strategy of Selling assets to cover development of Oposuura..would be good to get an understanding as to how much a contribution towards Capex costs would be covered by a sale of Sara Alicia..All points towards less dilution.

 With 1 (Oposura) or 2 ( Incl Alacran) projects generating cash I would hazard to guess that shares would be highly sought after.

A bit more patience required to see how the plan pans out.