RE:RE:RE:June 30th . . . Do or DieTrevali did not deliver what they were supposed to. In the mean time, they had all kind of problems with the Caribou production. They changed both the chairman and the CEO - the new one has been appointed this morning.
So, it would have been impossible to anyone to predict the outcome of the Puma-Trevali partnership.
We are today in a much better situation : payments have been made by Trevali to Votorantim and to El Nino; we have very positive metalurgical results, in fact much better than those at Caribou, and we received very nice drilling results which call for extensions of the Murray Brook deposit.
My guess is that a new partnership will be reach before the end of May.