Ann: Results of first Reconnaissance Drilling at La Victoria, page-12

i think we might see a bit of a run-up into a cap raise. i expect they'll exercise their phase 2 option after such encouraging early results. As they announced, they are now going for a deeper section down near the old mine workings, so there is plenty of excitement to come.

i think EHR will go into the next phase, but will need to raise cash to keep progressing the pipeline. hopefully they can get it done at 13-14c