Ann: Bygoo Tin Farm-In JV, page-4

The upward rerating of TMZ shld now begin

3 mill cash for 51 pct of Bygoo puts a min 6 mill mc / 6 cps on TMZ just for the tin play

That shld give them enough cash to JORC and upgrade it

I guess if they find what they already have a fair idea is there, another 22 mill $$$$$$$ will go into TMZ for another 25 pct
giving us a 24 pct freecarry prob into production of concentrates (?)

Today's news supports the 26 cps first major tech target / 26 mill mc I have already called in here, with likley stepping stones at 7, 11, 16 on the way.

More importantly if second stage option is taken up, TMZ will prob be funded for its share of whatever capex a tin concentrates producer will likely to cost

Sounds like a well thought out free road to production at Bygoo with a residual 24 pct holding of the cashflow..

And with such a tight share cap, reckon PER drivers would then re-rate well beyond its first 26 cps tech target

Well done boys.. Now bring home the golden bacon in them two 100 pct owned NSW gov funded IRG golden elephants in the new year for the BIG BUCKS beyond !!!!

Well I assume there has already been a sale at 4c this morn cos thats where my bid was placed in the preopen. They mustave done it on Chi-X

This two exchanges BS gives a false look to whats really happening. They just wanna keep us in the dark all the time haha.

6+ is the tech launch pivot

Happy, Jan ........ this one gets put in the "done" box haha

They shld have a "strong buy" sentiment below as well