RE: June 2020 Corporate Presentation28 Jun 2020 11:06
'Significant chance of pace: From September 2020, Newmont are contracted to spend minimum US$4 million/ Year in the ground (compared to US$1 million / year in last 2 years).
Financed: Externally funded high-grade gold exploration project in Colombia. Cash balance of US$463,000 end Feb 2020/ Newmont: Cash payment US$500,000 received in March 2020/ next cash payment of US$500,000 due from Newmont in September 2020.
Opportunities for a significant re-rating: 1. In Colombia, CHANGE OF PACE. 2. In Uruguay, implementation of Agreement. 3. Progressing other opportunities.'