Ann: Change in substantial holding, page-13

Hi Nij

Not MIA really Mate but I’d like to be privy and holding an XRF to see and detect the tenor of all recent Southern Nights drill core extraction!.

Yesterday’s tree shake on low volume is probably indicative of accentuated sharp movement given traders and the tight held nature of most stock.
The big buyers were probably at a lavish lunch lol!.

Catalysts for next week I hope to see include an update on the earlier strike and depth extension holes and new ones at Southern Nights.. and some indication of news re the T1 Mallee Bull study..

In my opinion having a better handle on both the feasibility study and Zinc at Southern Nights is crucial prior to and for, any formal chats with new or existing JV partners and or sophisticated investors, so capable of launching into an attractive bid...
and as has been suggested the more we learn and grow similar or sufficiently economic tonnages the more any bid should thefore grow in price.

In short we are very well positioned across the board to be “keenly sought after” however I’m sure Rob is doing his darndest to bring top notch results to the table (if they can be, irrespective of suitors or any other distractions) to prove up a few especially tasty Tier one assets.

I’d like to see our SP around 85c pre Christmas this predicted on due news and good ongoing work to aggressively drill as detailed the huge strike between and around Wagga and Southern Nights and thereafter..
as I’ve suggested to Rob maybe drill a line across to Fenceline to better determine how massive the likely mineralized circle is, as per interpretation shown on the slide per the AGM presentation!.

Very busy at work Nij but will find time for a post sometime, with a smile, mid next week!.
Sarg