Ann: Prospectus, page-5

The SPP runs from today until 4th Februrary 2019. During those 6 weeks we can hope for a recovery in shareprice if the contract to sell the stockpiles is settled. That would bring a promise of $0.5 million to start cash flow. (It depends on the minister's approval and metallurgical results which the company has been waiting on.) Also,the prospectus calculates on page 17 that there is $4.3 million in reserves, based on the uptake of the Placement and SPP. So, CCZ will have a war-chest of at least $3 million to throw at the exploration in 2019 (plus the possibility of ongoing cash flow). Compare that to the current market cap of about $11 million. If you are a longterm holder, its a good position IMO. The downside is the dilution and the currently reduced share price! But there is about 6 weeks to try to raise some cash to participate in the SPP and counter the dilution (and assuming the shareprice recovers a bit). Good luck amigos.