Thanks temple. Essentially I am an inquisitive person, so I...

Thanks temple.

Essentially I am an inquisitive person, so I delve if the subject interests me.

For the past 6 years or so I have studied geology as best I can, especially the Bryah Basin. Now I have to read up on the different geology (age etc) at Chunderloo and Bluebird.

I have had a financial interest in RNI since just before it started the heavy drilling at Doolgunna - say late 2010. I bought at 70c (not consolidated then), then at 99c while on its way up to $1.56. In retrospect they were all crazy prices, but at the time the word was that Doolgunna was chock-full of DeGrussas - just drill and find and mine and make a fortune. It even got Peter "Talkie" Newton excited. He was part of this placement at $1.00 in 2011, although he already held shares:

http://www.asx.com.au/asxpdf/20110412/pdf/41y05sz3j9gwwm.pdf

Who is Mr Newton? This is from Bloomberg.

Mr. Peter John Newton co-founded Metals X Limited. Mr. Newton served as the Chief Executive Officer of County Natwest. He was a Stock Broker and has extensive experience in the resources sector. He was a highly successful stockbroker for 25 years until 1994. He serves as the Chairman of the Board of Bluestone Tin Ltd. He has been an Independent Non-Executive Chairman of Metals X Limited since December 14, 2012 and also served as its Non-Executive Chairman from July 23, 2004 to June 17, 2009. He has been the Non-Executive Chairman and Non-Executive Director of Westgold Resources Limited since October 06, 2016. In past years he served as the Chairman of Hill 50 Limited. He served as the Non-Executive Chairman of Abelle Limited until May 5, 2003 and Harmony Gold Operations Ltd., since 1996. He served as the Non-Executive Chairman at Biosceptre International Limited from September 17, 2015 to December 1, 2016. He serves as a Director of Metals Exploration Pty Ltd, Rivkin Discount Stockbroking Ltd., and Rivkin Financial Services Ltd. He has been an Independent Director of Metals X Limited since December 14, 2012 and also served as its Non Executive Director from July 23, 2004 to November 24, 2009. He served as a Non Executive Director of Biosceptre International Limited until December 1, 2016, Lynas Corporation Limited from November 24, 2004 to December 8, 2005 and Pacific Strategic Investments Ltd. from June 25, 1998 to May 6, 2003. He served as a Director of Harmony Gold Mining Company Limited until April 18, 2002 and Abelle Limited from July 1999 to May 5, 2003. He served as a Director of Harmony Gold Operations Ltd. and County NatWest Securities Australia Ltd.

The good news is that he is still a substantial holder. There are other highly regarded people who have plenty of experience in the exploration and/or mining caper who are also big holders, namely Michael Fotios (quite recent), Rob Martin (a few years - now a Director) and John Poynton (a few years). Then add MLX and WGX as reasonable-size holders, albeit via the Fortnum sale and the Chunderloo purchase.

So, Shady Merv has good company he reckons.

The company just needs a breakthrough!!