Ann: Redmoor Tin Tungsten Project Update, page-108

Not the bottom specifically. Simply looking to limit downside if present management are still in charge. It'd be a small position subject to a change in direction/new blood.

As for me praising Gary, never happened. I stated that I trust management. I hadn't done the due diligence I should have done. I had some concerns, but figured that RCF would have had a more active role in guiding NAE/Gary given that they owned 40% (now 32% due to dilution). RCF as a cornerstone investor is what gave me trust in management. I figured that they would guide Gary to success. Things were actually kinda looking good in 2016

I've done quite a bit of research today. Check out price action between 01/05/17 - 08/05/17 just before the SPP was announced. A dump on 24/03/17 followed by a big dump on 28/03/17, just over a week before arsenic announcement at Otago. You can go back further. Call me a nutter, but it looks like someone was selling into the buy for months. Especially when there was good news. As for Moneybaggs, things seem to check out.

I think that you may find one or two brokers have been doing a lot of buying and selling here, and a lot of selling over at SRZ. No need for a 604 or 605 if you're buying the shares you've sold that day right? That's my thinking behind why we haven't seen a 603, 604, or 605 yet. Will likely see one Monday with SML Contracting bowing out.

What do I think will happen? Well, I assume that someone at RCF has already been fired for their WLF and NAE investment choices. It wouldn't suprise me if RCF were setting themselves up to take over both WLF and NAE.

WLF not economically viable at the moment due to plant difficulties and low tungsten price. RCF are in the later stages of 'purchasing' WLF. Will wipe debt internally. Launch takover bid for NAE. Two privately held tin tungsten sites within close proximity of each other. WLF has tungsten, NAE has tin. RCF have an economic operation. Boom. Done. They win.