I see... now that BTO's earned in 51%, CXB has to pay a share of the Primavera exploration budget from now on.

Though I thought CXB had $4M at bank. Not really cash-poor. But it still hurts things.

Then again, maybe the formal JV agreement announcement will change things. I still think Clive's not a jerk, after all he gave them that $5M lifeline last year when the rest of the explorecos were collapsing.