Ann: Investor Presentation - RIU Explorers Conference Feb 2019, page-9

I completely agree esh, and certainly at this price around 3.3c

I've held a small number for a while at a 3c average, not going to make my fortune, but it would be nice to grab a couple of grand profit here and there sometime.

They still have a lot of drilling to do. The deposit will be underground mined, so I looked at the reserve/probable, which is almost getting there, though not high grade for an underground. Its approaching half a million ounces at just under 5 g/t. Some higher grade hits wouldn't go astray.

The management seem ok, and the publicity in the west via the media has been positive (but like most small miners, was probably paid for anyway).

Still, I've had a nibble at a couple of small gold explorers of late, and have held some others for while, including this one GMD, also BDC (for the cap raise), RED, BRB, BGL (from 8c), EMR, WAF, BMT and EAR. I've spread things around reasonably evenly, rather than heavily invest in one or two.

There's a few others I'm closely watching, including CHN, ENR, NML, CDV, RSG (former shareholder), PNR and YRL.

Gw