Ann: Investor Presentation, page-13

Im taking the view that at these prices you can buy whats in the ground and your looking at 1-3 times you're money on tin sentiment alone in coming months....the risk is minimal while you wait as they have shown they can run on fumes and admin fees are low allowing them to negate dilution for the medium term to give tin 6-12 months to create some magic.

In addition theyve actively stated theyre searching for JV partners....which means something could happen at any time...
especially considring St Dizier is close to GPP and Hemskirk/Razorback is next door to renison....at 4.9m mc you cant go wrong with net assets they have on the table in my view....even if someone strong armed them i dont think you lose at this price.

They will jorc montana flats based on historical exploration and limited drilling with funds available also...same as they did with st dizier...i think they did one small campaign to maiden jorc....as in Tassie there is a lot of historical activity in these tenements.

All imo