So where are we ATM in Uruguay re drilling, page-17

Thanks for sharing.

Spain project worth 1,349,000,000-1,660,000,000 AUD NPV. We own half so conservatively 674,500,000 AUD NET PRESENT VALUE or 135 (up to 270) BAGS from the current share price.

Why so quiet from PRL management? The Spain project is funded by our partner and the expiry of options will ensure less dilution for those recently issued shares (in lieu of salary).

IMO once the options expire we will see some decent news flow from management.

On the Uruguay front - the ANCAP presentation below suggests our contract will be extended (subject to approval by the executive power).

https://www.ancap.com.uy/innovaportal/file/6034/1/presentacion-balance-ancap-jun18-vf6.pdf