2018, page-22

Whether news drops or not, stock is rerating now. Usually what happens it suddenly just begins and doesn’t stop.

Do not forget, Tlou got little value attributed to Reserves, mining License, RFP etc. nothing got valued in, the move now is simply taking that in to account and also attributing some anticipation of news.

Expect this to move much higher to be honest. Looking at the book in UK on Friday the buys reached around 16.8p and were sizeable. Had it not been for profit taking before weekend and an extra hour on the day it would have continued on.

Plenty of people researching over the weekend I’m sure will see the value here and what is to come, fantastic story and largely derisked by a team who’s done it twice before.