Question to the active investors in this region?
Why would Mubadala Group have taken AUX as collateral to the debt of EBX if they knew there was limited opportunity to mine? I would imagine an astute and relatively conservative investment group would need a firmer guarantee. Do you believe there is a written government guarantee to AUX that they will be chosen the winner to conduct the business without competition which effectively is a government guarantee that Mubadala took at the guarantee?
EOM has done an effective job since May and their Colombian management team of Sr. Orduz and Sr. Linares have been visible. Sustainable economic mining with the long run preservation of the environment should win the day for this company.