Blockade starting to worry meFrom today's 10-K:
"
On October 11, 2019, we and our subsidiary Minera Metalin issued a notice of force majeure to South32 pursuant to the Option Agreement. Due to a blockade by a cooperative of local miners called Sociedad Cooperativa de Exploracin Minera Mineros Norteos, S.C.L. (“Mineros Norteos”), the Company has temporarily halted all work on the Sierra Mojada Property. The notice of force majeure was issued because of the blockade’s impact on the ability of the Company and its subsidiary Minera Metalin to perform their obligations under the Option Agreement. Pursuant to the Option Agreement, any time period provided for in the Option Agreement will generally be extended by a period equal to the period of delay caused by the event of force majeure."
........
"Due to the blockade by Mineros Norteos previously mentioned under “South32 Earn-in Option Agreement” of this Form 10-K, we have temporarily halted all work at the Sierra Mojada Property, and the board of directors approved a budget of $0.2 million for the period from January 2020 to May 2020."
.....
"2020 Exploration Program
The focus of our 2020 calendar year exploration program will be to resolve the blockade and to maintain our property concessions. If the blockade is resolved, we will work with South32 to approve an updated exploration program."