Is this the start of TMZ third primary upwave, page-2

Technicals :

Basing 2.6-4.2 zone

4.2 is important PP in both directions

Declining wedge breakout is 4.8+

PPs beyond at 6 and 8

Current set up spits out target 13 (abt 14 mill MC)

Broader structure sets up min target 22 (abt 24 mill MC) for a third primary assuming 2.6 confirms as the retrace low from 8 primary high.

Fundamentals :

Current Bygoo drilling funded by Canadian JV targeting likely 10,000+ tonnes high grade surface Tin. 1.5 mill bucks due July for first stage earn in and 25 mill bucks for final 75pct. If Canadians take it to conclusion, cash injection due supports 22cps min tech target. Ardlethan tailings plant construction inside Bygoo ground but excised from it gives us options for toll processing if Canadians dont proceed. Given the successful results to date, personally prefer Bygoo reverts back to TMZ 100 pct.

Harry Smith gold project is 100pct TMZ owned. Canadian cash cannot be used for this. TMZ will need small cash injections to progress follow up of quality hits to date including recent high grade hits in line with historic mining data and consistent with IRG model. I am surprised market hasnt woken up to this yet.

New Chillagoe gold project acquisition done undee great advantage to TMZ (90pct) and in close proximity to and same model as major producers. Plenty of surface indications to suggest exciting times ahead for us. Seems that these leases previously changed hands at much higher price and when AUDPOG waa significantly lower than present. Nice deal boys. Once again Tin JV money cant be used for the gold.

TMZ BOD have shown creativity in negotiating for JV and acquisition and exploration with result of maintaining a tight share capital structure, current 112 mill shares. Anticipate they will continue to do so.

Current EV based cash in hand and amounts due in July is abt 2 mill, making this a very attractive reward / risk play by my reckoning and hence will continue accumulating on opportunity.

OWEP